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Foundational (Algo) (L04-1, LO4-2, 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

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Foundational (Algo) (L04-1, LO4-2, 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 available for the company as a whole and for Products Y and Z: Estimated activity Cost Pool Activity Measure overhead cost Expected Activity Machining Machine-hours $ 238,800 12,000 MIS Machine setups Number of setup $ 93,100 190 setup Production design Number of products $ 83,000 2 products General factory Direct labor-hours $ 373,500 15,000 DLIS Activity Measure Product y Product Machining 7.900 4,100 Number of setups 40 150 Number of products Direct labor-hour 7.900 7,100 1 1 Foundational 4-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Product z Machine setups cout %

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