Domestic Hickory Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company usesa plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based costing (ABC)system that allocates all $788,400 of its manufacturing overhead to four cost pools. The following additional information isavailable for the company as a whole and for Products Y and Z:Estimated OverheadActivity Cost PoolMachiningMachine setupsProduct designGeneral factoryActivity MeasureMachine-hoursNumber of setupsNumber of productsDirect labor-hoursActivity MeasureMachine-hoursNumber of setupsNumber of productsDirect labor-hoursManufacturing overhead allocatedProduct Y Product Z6,9005,10015040117,9006,500Cost$ 238,800$ 93,100$ 83,000$ 373,500Product YExpected Activity12,000 MHSProduct Z190 setups2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z?Note: Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount.2 products14,400 DLHs

The plant-wide overhead rate is a method used in cost accounting to allocate overhead costs to…

2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? Note: Round your intermediate calculations to 2 decimal places and your final answers to the nearest whole dollar amount. Manufacturing overhead allocated Product Y Product Z