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10 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z.
10 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood 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 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 Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y 8,700 60 Estimated Overhead Cost $ 227,700 $ 153,900 $91,000 $ 257,000 Product z 2,300 210 1 8,700 1 1,300 Expected Activity 11,000 MHS 270 setups 2 products 10,000 DLHS < Prev 8 9 10 13 of 13 Next >
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