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Required information (The following information applies to the questions displayed below) Hickory Company manufactures two products -14,000 units of Product Y and 6.000 units of

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Required information (The following information applies to the questions displayed below) Hickory Company manufactures two products -14,000 units of Product Y and 6.000 units of Product Z The company uses a plantwide overhead rate based on direct labor hours. It is considering implementing an activity based costing (ABC) system that allocates all $705,600 of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Estimated Overhead Activity Cost Pool Activity Measure Cost Expected Activity Machining Machine-hours $ 192,000 10,800 MHS Machine setups Number of setups $ 50,400 12e setups Product design Number of products $ 76,000 2 products General factory Direct labor-hours $ 387,200 12.000 LHS Activity Measure Machine-hours Number of setups Nunber of products Direct labor hours Product Y Product z 6,200 3.800 Se 7e 1 1 10,000 2,000 11. Using the plantwice overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal place.) Product Product Z Manufacturing overhead

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