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$-13,000$ 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 $$813,600$ 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 $Z$ : $1.$ What is the company$$s plantwide overhead rate?

$2.$ Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z$?$

$3.$ What is the activity rate for the Machining activity cost pool?

$4.$ What is the activity rate for the Machine Setups activity cost pool?

$5.$ 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?

$7.$ Which of the four activities is a batch$-$level activity?

$8.$ Which of the four activities is a product$-$level activity?

$9.$ Using the ABC system, how much total manufacturing overhead cost is assigned to Product Y$?$

$10.$ Using the ABC system, how much total manufacturing overhead cost is assigned to Product Z$?$

$11.$ Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z$?$

$12.$ Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z$?$

$13.$ Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z$?$

$14.$ Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z$?$

$15.$ Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z$?$