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6 Required information The following Information applies to the questions displayed below. Hickory Company manufactures

Posted: Thu Apr 28, 2022 10:52 am
by answerhappygod
6 Required Information The Following Information Applies To The Questions Displayed Below Hickory Company Manufactures 1
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6 Required information 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 2 Part of 0132 tiity Control Machining Machine stupo Product design Cederal factory Estimated Overhead expected Metivity Meme Coot Activity Machine-hours $ 210,100 11,000 Number of stupe $ 45,100 110 stupe Number of products $75,000 2 product Direct labor-hours $241,000 13,200 DI look Mensure Machine-hour Number of setup Number of products Direct laber-hours Product Product 6.100 4,900 50 1 1 7.100 6.100 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Avity per DLH
7. Which of the four activities is a batch-level activity? O Product design activity O Machining activity O General factory activity O Machine setups activity
8. Which of the four activities is a product-level activity? O Machining activity O Machine setups activity O Product design activity O General factory activity
9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round all intermediate calculations to 2 decimal places.) Total manufacturing overhead cool
10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhand cost