1 Part1of15 - 1O polnts Print Required information Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct laborhours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to tour cost pools. The following additional information is available for the company as a whole and for Products Y and Z: Estimated Activity Cost Pool Activity Measure Overhead Cost Expected Activity Machining Machineihcurs s 203,000 10,000 MHs Machine setups Number of setups s 121.900 230 setups Production design Number of products 3 87,000 2 products General factory Direct laborihours s 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 laborihours 9,500 5,500 Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Check my work \fPart3ofi5 - 10 points Print Required information Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product 2. The company uses a planlwide overhead rate based on direct laborhours. 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 2: Estimated Activity Cost Fool Activity Measure Overhead Cost Expected Activity Machining Machineehours $ 203,000] 10,000 MHs Machine setups Number of setups s 121.990 239 setups Production design Number of products 3 87,090 2 products General factory Direct laborehours $ 379,500 15,000 DLHs Activity Measure Product Y Product Z Machining 8,300 1,709 Number of setups 50 189 Number of products 1 1 Direct laborehours 9,500 5,509 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Check my work Part 4 of IS - 10 points Prii'it Required information Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct lahnrahnurs Estimated Activity Measure Overhead Cost Machineahours $ 263,066 Number of setups $ 121,968 Number of products as 67,066 Direct laboranours $ 379,568 Product Y Product Z a, 360 1, me so 189 1 1 9, 500 5, 509 Greenwood Company manufactures two products14.000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct |aborhours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The followmg additional information is available for the company as a whole and for Products Y and 2: Expected Activity 10,000 MHS 239 setups 2 products 15,000 DLHS 4. What is the activity rate for the Machine Setups activity cost pool? Part 5 of IS 10 points Print Required information Greenwood Company manufactures two products14.000 units of Product Y and 6,000 units of Product 2. The company uses a piantwide overhead rate based on direct laborhours. It is considering implementing an activity-based costing (ABC) system that ailocates ail of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whoie and for Products Y and Z: Estimated Activity Cost Pool Activity Measure 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 3 07,000 2 products General factory Direct laborahours $ 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 laborahours 9,500 5,500 5. What is the activity rate for the Product Design activity cost pool? Part 6 OHS 10 points Print Required information Greenwood Company manufactures two products14.000 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 followmg additional information is available for the company as a whole and for Products Y and 2: Estimated Activity Cost Pool Activity Measure Overhead Cost Expected Activity Machining Machineehours 3 203,000 10,000 MHs Machine setups Number of setups S 121,900 230 setups Production design Number of products 3 07,000 2 products General factory Direct laborehours $ 379,500 15,000 DLHs Activity Measure Product Y Product Z Machining 8, 300 1, 700 Number of setups 50 100 Number of products 1 1 Direct laborehours 9,500 5,500 6. What is the actiwty rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Check my work - 70 Part 7 of 15 III- 10 points WML Required information Activity Cost Fool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Estimated Activity Measure Overhead Cost Machineahours $ 203,000 Number of setups $ 121,000 Number of products 5 87,000 Direct laborahours $ 379,500 Product Y Product 2 8,300 1,709 50 130 1 1 9,500 5,500 Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product 2. 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 followmg additional information is available for the company as a whole and for Products Y and 2: Expected Activity 10,000 MHS 230 setups 2 products 15,000 DLHS 7. Which oithe four activities is a batch-level activity? 0 Machining activity 0 General factory activity 0 Product deSign activity 0 Machine setups activity PartSOiIS 10 points Print Required information Greenwood Company manufactures two products14,000 units of Product Y and 6.000 units of Product 2. The company uses a piantwide overhead rate based on direct laborhours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The followmg additional information iS available for the company as a whole and for Products Y and 2: Estimated Activity Cost Poul Activity Measure Overhead Cost Expected Activity Machining Machineenours $ 203,000 10,000 MHs Machine setups Number of setups 3 121,900 230 setups Production design Number of products 5 87,000 2 products General factory Direct laborehours 3 379,500 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 laborehours 9,500 5,500 8. Which of the four activities is a product-level activity? 0 General factory activity 0 Machine setups activity 0 Product design activity 0 Machining activity Part90115 10 points Plii'it Required information Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product 2. 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: Estimated Activity Cost Fool Activity Measure Overhead Cost Expected Activity Machining Machineehours $ 263,0o0 19,080 MHs Machine setups Number of setups $ 121,960 230 setups Production design Number of products S 87,000 2 products General factory Direct laborehours $ 379,500 15,090 DLHs Activity Measure Product Y Product Z Machining 8, 368 1, 700 Number of setups SB 130 Number of products 1 1 Direct laborehours 9, 560 5,590 9. Using the ABC system. how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) 10 Part 10 of15 10 points Print Required information Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product Z. The company uses a piantwide overhead rate based on direct |aborhours. It is considering implementing an activity-based costing (ABC) system that ailocates ail of its manufacturing overhead to four cost pools. The following additional information is available for the company as a whoie and for Products Y and 2: Estimated Activity Cost Fool Activity Measure Overhead Cost Expected Activity Machining Machineehaurs s 203, 000 10,000 MHs Machine setups Number of setups $ 121,900 230 setups Production design Number of products $ 07,000 2 products General factory Direct laborehours $ 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 laborehours 9, 500 5,500 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) 11 Part 11 of 15 10 points PHHt Required information Greenwood Company manufactures two products14.000 units of Product Y and 64000 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 followwng additional information is available for the company as a whole and for Products Y and 2: Estimated Activity Cost Pool Activity Measure Overhead Cost Expected Activity Machining Machine-hours $ 263,900 10,800 M: Machine setups Number of setups s 121,900 230 setups Production design Number of products S 37,000 2 products General factory Direct laborehours 3 379,500 15,009 DLHs Activity Measure Product Y Product Z Machining 8, 300 1, 700 Number of setups 50 189 Number of products 1 1 Direct labor-hours 9,500 5,589 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Total overhead cam ' I 12 Part 12 of i5 10 points Print Required information Greenwood Company manufactures two products14,000 units of Product Y and 64000 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 2: Estimated Activity Cost Pool Activity Measure Overhead cost Expected Activity Machining Machineahours $ 2&3, 068 10,000 MHs Machine setups Number of setups $ 121,960 230 setups Production design Number of products $ 87,060 2 products General factory Direct labor-hours $ 379,500 15,000 DLHs Activity Measure Product Y Product 2 Machining 8, 360 1,700 Number of setups 50 180 Number of products 1 1 Direct laborahours 9, 500 5,500 12. Using the ABC system, what percentage ofthe Machining (2055 is assigned to Product Y and Product 2? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Check my work 13 Part13 OHS 10 points Print Required information Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product 2. The company uses a planlwide overhead rate based on direct laborhours. 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 2: Estimated Activity Cost Fool Activity Measure overhead Cost Expected Activity Machining Machineehours s 293,090 19,999 MHs Machine setups Number of setups S 121,960 230 setups Production design Number of products 3 87,000 2 products General factory Direct labor-hours $ 379,506 15,0EQ DLHs Activity Measure Product Y Product 2 Machining 8,300 1,709 Number of setups 50 180 Number of products 1 1 Direct laborehours 9,500 5,560 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Machine setups cost I ' 14 Part 14 ONE 10 points Print Required information Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Estimated Activity Measure Overhead Cost Machineehours S 203,000 Number of setups $ 121,900 Number of products 8 87,000 Direct laborehours $ 379,500 Product Y Product 2 8, 300 1,700 50 2180 1 1 9, 500 5,500 Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct laborhours. It is considering implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to four cost pools. The followmg additional information is available for the company as a whole and for Products Y and Z: Expected Activity 10,000 MHS 230 setups 2 products 15,000 DLHs 14. Using the ABC system, what percentage ofthe Product De5ign cost is assigned to Product Y and Product Z? {Round your answers to 2 decimal places.) Product d n cos! I I Check my work 15 Part1 ofiS 10 points Print Required information Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product 2. The company uses a plantwide overhead rate based on direct laborhours. 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 2: Estimated Activity Cost Fool Activity Measure Overhead Cost Expected Activity Machining Machineehours s 203,000 10,000 MHs Machine setups Number of setups $ 121,900 230 setups Production design Number of products 3 87,000 2 products General factory Direct laborehours s 379,500 15,000 DLHs Activity Measure Product Y Product 2 Machining 8,300 1,700 Number of setups 50 180 Number of products 1 1 Direct laborehours 9,500 5,500 15. Using the ABC system, what percentage ofthe General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations and final answers to 2 decimal places.) General lactory cost