Chapter 4 Foundational 15 9 Required information Saved Help Save & Exit Submit Check my work Part 9 of 13 0.96 points eBook Print Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 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 Product Y Product Z Expected Activity 12,000 MHS 280 setups $ 249,600 $ 162,400 $ 92,000 $389,600 2 products 12,000 DLHS References 8,800 3,200 Number of setups 40 240 Number of products Direct labor-hours 1 8,800 1 3,200 Mc Graw Hill 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 Y Total overhead cost 58.91 % Product Z 41.09% < Prev 9 10 11 13 of 13 Next >