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13 Part 13 of 15 0.33 points 035435 Skipped eBook Required information: Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of
13 Part 13 of 15 0.33 points 035435 Skipped eBook 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 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost Product Y Product & 2,800 70 1 8,800 7,200 50 1 7,200 $ 192,000 $ 50,400 $ 76,000 $387,200 Expected Activity 10,000 120 setups 2 products 16,000 DLH Print 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.) References Machine setups cost Product+ Product Z
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