1-What is the companys plantwide overhead rate? (Round your answer to 2 decimal places.)

2-Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places and final answers to the nearest dollar amount.)

3-What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.)

4-What is the activity rate for the Machine Setups activity cost pool? (Round your answer to 2 decimal places.)

5-What is the activity rate for the Product Design activity cost pool? (Round your answer to 2 decimal places.)

6-What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.)

7-Which of the four activities is a batch-level activity?

Machining activity

General factory activity

Product design activity

Machine setups activity

8-Which of the four activities is a product-level activity?

Machining activity

Machine setups activity

Product design activity

General factory activity

could you please solve these Q separately with steps and explanation for each Q?

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 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost Machining Machine setups Production design General factory S 224,400 S 129,600 S 88,000 S 254,000 Expected Activity 11,000 MHs 240 setups 2 products 10,000 DLHs Product Y 7,400 60 Product Z 3,600 180 Activity Measure Machining Number of setups Number of products Direct labor-hours 8,400 1,600