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What percentage of the general factory cost is assigned

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Reference no: EM132581008

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 $745,200 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:

Activity                       Cost Pool Activity                     Measure Estimated               Overhead Cost Expected

Activity Machining           Machine-hours                   $242,400                            12,000 MHs

Machine setups               Number of setups                  $114,400                       220 setups

Product design                  Number of products               $86,000                       2 products

General factory                 Direct labor-hours                   $302,400                  14,400 DLHs

Activity Measure                             Product Y                  Product Z

Machine-hours                              7,200                          4,800

Number of setups                              40                           180

Number of products                            1                                1

Direct labor-hours                              8,200                        6,200

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

Reference no: EM132581008

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