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Find what percentage of the product design cost is assigned

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Reference no: EM132633242

The manufactures two products-14,000 units of Product Y and 6,000 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 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                             Cost Pool Activity           Measure Estimated Overhead Cost Expected Activity

Machining                       Machine-hours              $203,000                 10,000                  MHs

Machine setups            Number of setups             $121,900                    230                setups

Production design            Number of products           $87,000                     2               products

General factory                 Direct labor-hours             $379,500                15,000                DLHs

Activity Measure          Product Y              Product Z

Machining                      8,300                  1,700

Number of setups               50                        180

Number of products             1                          1

Direct labor-hours                9,500                 5,500

Question 1: Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

Reference no: EM132633242

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