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follow on question is the same but for product Z. ACC 211 thanks Greenwood Company manufactures two products13,000 units of Product Y and 5,000 units
follow on question is the same but for product Z. ACC 211 thanks
Greenwood Company manufactures two products13,000 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 Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 231,600 $ 55,900 $ 77,000 $ 364,500 Expected Activity 12,000 MH3 130 setups 2 products 15,000 DLH3 Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,300 40 Product Z 4,700 90 1 7, 700 7,300 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.)Step by Step Solution
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