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20 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products-14.000 units of Product Y and 6,000 units of Product Z.
20 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $198,000 $ 86,400 $82,000 Product Y Product Z $ 248,000 Expected Activity 10,000 MHS 180 setups 2 products 10,000 DLHS Number of setups Number of products Direct labor-hours 7,800 50 1 7,800 2,200 130 1 2,200 Check my work Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost $ 44,000
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