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3 33 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
3 33 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 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 $221,100 $ 107,100 $ 85,000 $ 251,000 Product Y Product 2 8,100 50 Number of setups 2,900 160 Number of products Direct labor-hours 1 8,100 1 1,900 Expected Activity 11,000 MHs 210 setups 2 products 10,000 DLHS 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.) Answer is complete but not entirely correct. Total manufacturing overhead cost $245,080
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