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3-2020 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
3-2020 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 Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours $ 200,000 10,000 M Machine setups Number of setups $ 100,000 200 setups Production design Number of products $ 84,000 2 products General factory Direct labor-hours $ 300,000 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8, see 40 1 9, 20e Product z 2.ee 16e 1 3,000 uired: hat is the company's plantwide overhead rate? wide overhead rate per DLH
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