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Check my work 15 Required information Foundational (Static) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products 14,000 units of Product Y and 6,000 units
Check my work 15 Required information Foundational (Static) [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 The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing on 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 Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 200,000 $ 100,000 $ 84,000 $300,000 Product Z 2,000 Number of setups 160 Number of products Direct labor-hours 1 1 9,000 3,000 Activity Measure Machining Product Y 8,000 40 Expected Activity 10,000 Pos 200 setups 2 products 12,000 DLHS Foundational 4.11 /Cential 8 < Prev 11 12 13 15 of 15 Next > Check my work 1 Production design General factory Activity Measure Machining Number of products Direct labor-hours $ 84,000 $300,000 2 products 12,000 DLHS 1 of 15 Number of setups Number of products Direct labor-hours Product Y 8,000 401 Product Z 2,000 160 1 9,000 1 3,000 bok Foundational 4-11 (Static) 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? nt Product Y Product Z Total overhead cost < Prey 11 12 13 822 15 of 15 Next > Help Save & Exit Submit Check my work Required information Foundational (Static) [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 Product Y 8,000 40 Estimated Overhead Cost $ 200,000 Expected Activity 10,000 MHS 200 setups 2 products $ 100,000 $ 84,000 $ 300,000 12,000 DLHS Product Z Number of setups 2,000 160 Number of products 1 1 Direct labor-hours 9,000l 3,000 Foundational 4-11 (Static)
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