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Required information

The Foundational $15($Algo$)[$LO$7-1,$ LO$7-3,$ LO$7-4]$

$[$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 $$571,200$ 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 :

Foundational $7-13($Algo$)$

Using the ABC system, what percentage of Machine Setups cost is assigned to Product $Y$ and Product $Z?$

Note: Round intermediate calculations to $2$ decimal places. Round your "Percentage" answers to $2$ decimal places.