(Algo) (L04-1, L04-2, L04-3, L04-4) Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 avallable 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 Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setup Number of products Direct labor-hours Estimated Overhead Cost $ 238,800 $ 93,100 $ 83,000 $ 373,500 Expected Activity 12,000 MES 190 setups 2 products 15,000 DLES Product Y Product z 7,900 4,100 40 150 1 1 7,900 7,100 Foundational 4-11 (Algo) 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Z Total overhead cost Product Y % 1%