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13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? 14. Using the ABC system, what
13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z?
14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z?
15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z?
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: Estimated Overhead Cost $ 200,000 100,000 Expected Activity Activity Cost Pool Machining Machine setups Production desiqn General factory Activity Measure Machine-hours Number of setups Number of products$84,000 Direct labor-hours 300,000 12,000 DLHs 10,000 MHs 200 setups 2 products Product z Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Pr 8,000 40 2,000 160 9,000 3,000Step by Step Solution
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