of 15 Required information [The following information applies to the questions displayed below.) Hickory Company manufactures...
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of 15 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: Activity Measure Machine-hours Activity Cost Pool Machining Number of setups Number of products Direct labor-hours Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Product Y Product 2 7,500 4,500 40 1 8,500 210 1 5,900 Cost $ 240,000 $137,500 $ 89,000 $357,000 Expected Activity 12,000 M 250 setups 2 products 14,400 DLHS 10. Using the ABC system, how much total manufacturing overhead cost is assigned to Product 2? Note: Round intermediate calculations to 2 decimal places and final answer to the nearest whole dollar. 10. Using the ABC system, how much total manufacturing overhead cost is assigned to Product Z? Note: Round intermediate calculations to 2 decimal places and final answer to the nearest whole dollar. Answer is complete but not entirely correct. Total manufacturing overhead cost S 295,261 of 15 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: Activity Measure Machine-hours Activity Cost Pool Machining Number of setups Number of products Direct labor-hours Machine setups Product design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Product Y Product 2 7,500 4,500 40 1 8,500 210 1 5,900 Cost $ 240,000 $137,500 $ 89,000 $357,000 Expected Activity 12,000 M 250 setups 2 products 14,400 DLHS 10. Using the ABC system, how much total manufacturing overhead cost is assigned to Product 2? Note: Round intermediate calculations to 2 decimal places and final answer to the nearest whole dollar. 10. Using the ABC system, how much total manufacturing overhead cost is assigned to Product Z? Note: Round intermediate calculations to 2 decimal places and final answer to the nearest whole dollar. Answer is complete but not entirely correct. Total manufacturing overhead cost S 295,261
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