The Foundational 15 (Static) (L07-1, L07-3, LO7-4) (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 $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 2: Activity Cont Tool Activity Mature Machining Machine-hours Machine setup Number of setups Product design Number of products General factory Direct labor-hours Tatimated Overhead cost $ 200,000 $ 100,000 $ 84,000 $ 300,000 Expected Activity 10,000 M 200 stupa 2 products 12,000 DL Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Product 7.000 3,000 SO 150 1 1 8.000 4.000 Foundational 7-12 (Static) 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Product Y Product z Machining cost BE -7 REQUIRED Assignment - Due 10/10 Midnight Saved Help Fine Foowing information applies to the questions displayed otrow] 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 $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 Cont Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cont $ 200,000 $ 100,000 $ 84,000 $ 300,000 Expected Activity 10,000 MH 200 setups 2 products 12,000 DIN Activity Measure Machine-hours Number of setup Number of products Direct labor-hours Product Product 2 7.000 3.000 50 150 1 1 8,000 4.000 Foundational 7-13 (Static) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to product Y and Product Z? Product Y Product Machine setups.com [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 $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: 15 Activity Cost Pool Machining Machine setups Product design General factory Activity Measure Machine-hours Number of setupa Number of products Direct labor-hours Estimated Overhead Coat $ 200,000 $ 100,000 $ 34,000 $ 300,000 Expected Activity 10,000 MS 200 stupe 2 products 12,000 DLES Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Product 7.000 3.000 SO 150 1 1 8.000 4.000 Foundational 7-14 (Static) 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Product 2 Products % Product design cost [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 $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 setup Number of products Direct labor-hours Estimated Overhead Cont $ 200,000 $ 100,000 $ 84,000 $ 300.000 Expected Activity 10.000 MB 200 setup 2 products 12,000 DL Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Product 7.000 3,000 50 150 1 1 8.000 4.000 Foundational 7-15 (Static) 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 1 decimal place.) Product Y Product Z General factory cost
