The question has 15 part
0 Required information [T he following information applies to the questions displayed below. J Hickory Company manufactures two products13,000 units of Product Y and 5,000 units of Product 2. 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 $829,500 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 Expected Activity Cost Pool Activity Measure Cost Activity Machining Machinehours $ 246,000 12,000 MHS Machine setups Number of setups $ 137,500 250 setups Product design Number of products $ 89,000 2 products General factory Direct laborhours 5 357,000 14,400 DLHs Activity Measure Product YProduct Z Machine-hours 7,500 4,500 Number of setups 40 210 Number of products 1 1 Direct laborhours 8,500 5,900 Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product 2? (Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount.) Manufacturing overhead allocated -- 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup5. What is the activity rate for the Product Design activity cost pool? -_ 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) -- 7. Which of the four activities is a batch-level activity? 0 Machine setups activity 0 Machining activity 0 Product design activity 0 General factory activity 8. Which of the four activities is a product-level activity? 0 Product design activity 0 Machine setups activity 0 General factory activity 0 Machining activity 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.) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product 2? 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product 2? (Round your "Percentage" answers to 2 decimal place.) Manufacturing overhead - % - % 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product 2? (Round your "Percentage" answers to 2 decimal places.) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product 2? (Round your "Percentage" answers to 2 decimal places.) Machine setups cost - % - % 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Product design cost - % - % 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product 2? (Round your "Percentage" answers to 2 decimal place.) General factory cost - % - %
