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 Activity Cost Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost Expected Activity $ 192,800 10.000 Mis $ 50,400 120 setups $ 76,000 2 products $ 387,200 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y Product z 6,200 3,800 50 70 1 1 10,000 2,000 14. Using the ABC system what percentage of the Product Design cost is assigned to Product Y and Product Z? Product Y Product Z Product design cost