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1.using the ABC system, how much total manufacturing overhead cost would ge assigbed to product Y (Round your immediate calculations and final answers to 2
1.using the ABC system, how much total manufacturing overhead cost would ge assigbed to product Y (Round your immediate calculations and final answers to 2 decimal places. Round your answers to the nearest dollar amonut)
completion. Required information 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 ti company as a whole and for Products Y and Z. Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 224,40 $ 129,600 $ 88, eee $ 254,000 Expected Activity 11,000 MHs 248 setups 2 products 10,00 DLHS Product Product z 2,688 Activity Measure Machining Number of setups Number of products Direct labor-hours e ho 15 of 15 Next > Required information 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 t company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 224,400 $ 129,689 $ 88, eee $ 254,000 Expected Activity 11, 800 MHs 248 setups 2 products 10,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product 8,400 62 Product z 2,600 18e 8,400 1,600 2. using the ABC system, how much total manufacturing overhead cost would ge assigbed to product Z (Round your immediate calculations and final answers to 2 decimal places. Round your answers to the nearest dollar amount)
3. Using the Plantwide overhead rate, what PERCENTAGE of the total overhead cost is allocated to Prodcut Y and Product Z? (Round your immediate calculations to 2 decimal places. Round your answer to 2 decimal places)
4. Using the ABC system, what PERCENTAGE of the Machining costs is assinged to Prodcut Y and Product Z? (Round your immediate calculations to 2 decimal places. Round your answer to 2 decimal places)
5. Using the ABC system, what PERCENTAGE of the Machine Setups costs is assinged to Prodcut Y and Product Z? (Round your immediate calculations to 2 decimal places. Round your answer to 2 decimal places)
6. Using the ABC system, what PERCENTAGE of the Product Design cost is assinged to Prodcut Y and Product Z? (Round your answers to 2 decimal places)
7. Using the ABC system, what PERCENTAGE of the General Factory cost is assinged to Prodcut Y and Product Z? (Round your immediate calculations and final answers to 2 decimal places)
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