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[The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z.
[The following information applies to the questions displayed below.] Hickory Company manufactures two products-15,000 units of Product Y and 7,000 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 $597,000 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 Expected Activity Cost $213,400 11,000 MHS Estimated Overhead Activity Measure Machine-hours Number of Machine setups $ 61,600 140 setups setups Number of Product design $ 78,000 2 products General factory products Direct labor- hours $244,000 13,200 DLHS Product Product Activity Measure Z Machine-hours 6,400 4,600 Number of setups 60 80 Number of 1 1 products Direct labor- 7,400 5,800 hours 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round all intermediate calculations to 2 decimal places.) Total manufacturing overhead cost
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