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PLEASE ASSIST CoursHeroTranscribedText: Required information (The following information applies to the questions displayed below.]...

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Accounting

PLEASE ASSIST

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CoursHeroTranscribedText: Required information (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 $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 Machine-hours $ 246, 000 12, 000 MHs Machine setups Number of setups $ 137, 500 250 setups Product design Number of products S 89,000 products General factory Direct labor-hours $ 357, 000 14, 400 DLHs Activity Measure Product YProduct ? Machine-hours 7,500 4,500 Number of setups 40 210 Number of products 1 Direct labor-hours 8,500 5,900 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your "Percentage" answers to 2 decimal place.) Product Y Product Z Manufacturing overhead % %

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