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[The following information applies to the questions displayed below.) Hickory Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The
[The following information applies to the questions displayed below.) Hickory Company manufactures two products-13,000 units of Product Y and 5,000 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 $684,000 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 $ 235,200 $ 73,600 $ 80,000 $ 295,200 Expected Activity 12,000 MHS 160 setups 2 products 14,400 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y Product Z 6,600 5,400 120 40 7,600 6,800 Foundational 7-6 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product Foundational 7-4 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhead cost I UUTUULIUllal II 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal places.) Product Y 52.78% Product Z 47.22 % Machine setups cost Foundatiohal 1-14 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 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal place.) Product Y Product Z General factory cost %
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