Foundational (Algo) (L04-1, LO4-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Estimated Activity Measure Overhead Cost Machine-hours $ 224,400 Number of setups $ 129,600 Number of products $ 88,000 Direct labor-hours $ 254,000 Product Product 8,400 2,600 60 180 1 1 8,400 1,600 Expected Activity 11,000 MRS 240 setup 2 products 10,000 1.8 Activity Measure Machining Number of setups Number of products Direct labor-hours Foundational 4-6 (Algo) 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH Required information Foundational (Algo) (L04-1, LO4-2, L04-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is cons dering 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 Estimated Activity Measure Overhead Cost Expected Activity Machine-hours $ 224,400 11,000 MHs Number of setups $ 129,600 240 setups Number of products $ 88,000 2 products Direct labor-hours $ 254,000 10,000 DE Activity Measure Machining Number of setup Number of products Direct labor.hours Product Y Product 8.400 2,600 60 180 1 1 8.400 1,600 Foundational 4-9 (Algo) 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.) Total manufacturing overhead cost 5 Foundational (Algo) (L04-1, L04-2, L04-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Estimated Activity Measure Overhead Cost Machine-hours $ 224,400 Number of setups $ 129,600 Number of products $ 88,000 Direct labor-hours $ 254,000 Expected Activity 11,000 NHS 240 setups 2 products 10,000 DLRS cos Activity Measure Machining Number of setups Number of products Direct laborehours Product Y Product 8.400 2,600 60 180 1 1 8,400 1.600 Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product 27 (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead con Foundational (Algo) (L04-1, LO4-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Cont Pool Machining Machine setups Production design General factory Estimated Activity Measure Overhead cont Expected Activity Machine-hours $ 224,400 11,000 MH Number of setups $ 129,600 240 setups Number of products $ 88,000 2 products Direct labor-hours $ 254,000 10,000 DLRS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product ! 8,400 2,600 60 180 1 1 8,400 1,600 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 Product z Total overhead cost Required information Foundational (Algo) (L04-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products15,000 units of Product Y and 7,000 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 $ 224,400 11,000 MHs Machine setups Number of setups $ 129,600 240 setups Production design Number of products $ 88,000 2 products General factory Direct labor-hours $ 254,000 10,000 DLES Activity Measure Machining Number of setups Number of products Direct labor-hours Product Product ? 8,400 2.600 60 180 1 1 8,400 1,600 Foundational 4-12 (Algo) 12. Using the ABC system, what percentage of the Machining costs 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 Machining cost % Required information Foundational (Algo) (L04-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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: Estimata Activity Cont Tool Activity Menu Overhead cont Expected activity Machining Machine-hours $ 224,400 11,000 Mia Machine setups Number of setups $ 129,600 240 setups Production design Number of products $ 88,000 2 products General factory Direct labor-hours $ 250,000 10,000 DLRS Activity Montre Product Y Product Machining 8,400 2,600 Number of setups 60 180 Number of products 1 1 Direct labor-hours 8,400 1,600 Foundational 4-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Product Z % Machine setups cost Required information Foundational (Algo) (LO4-1, LO4-2, L04-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Estimated Activity Mensure Overhead cont Expected Activity Machine-hours $ 224,400 11,000 MX Number of rotupo $ 129,600 240 setups Number of products $ 88,000 2 products Direct labor-hours $ 254,000 10,000 DE Activity Measure Machining Number of setups Nunber of products Direct labor-hours Product Y Products 8,400 2.600 60 180 1 1 8,400 1.600 Foundational 4-14 (Algo) 14. Using the ABC system, what percentage to 2 decimal places.) the Product Design cost is assigned to Product Y and Product Z? (Round your answers Product Y Product Product design cost Required information Foundational (Algo) (LO4-1, LO4-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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: Tatimated Activity Cont Pool Activity Meanu Overhead cont Axpected Activity Machining Machine-hours $ 224,400 11,000 MKS Machine setupa Number of setup $ 129,600 240 setups Production design Number of products $ 88,000 2 products General factory Direct labor-hours $ 254,000 10,000 DE Activity Menu Machining Number of setup Number of products Direct labor-hours Product Product 8,400 2.600 60 180 1 1 8.400 1,600 Foundational 4-15 (Algo) 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your Intermediate calculations and final answers to 2 decimal places.) Product Product General factory cost