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12 Part 12 of 15 0.33 points 04:04:21 eBook 10 Print References Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000
12 Part 12 of 15 0.33 points 04:04:21 eBook 10 Print References Required information Greenwood Company manufactures two products-14,000 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 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 i Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost Product Y Product 7,200 50 2,000 1 7,200 70 1 8,000 $192,000 $ 50,400 $ 76,000 $387,200 Expected Activity 10,000 MH 120 setups 2 products 16,000 DLM 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product 2? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Product Z Machining cost
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