Foundational (Algo) [LO4-1, LO4-2, LO4-3, L04-4] 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 Estimated Overhead Cost Product Y Product 7,500 50 1 Number of setups Number of products Direct labor-hours 7,500 2,500 100 1 2,500 Expected Activity 10,000 MH 150 setups $195,000 $67.500 $ 79,000 $245,000 10,000 DL 2 products Foundational 4-13 (Algo) 3. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product 2? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Machine setups cost Product Y Product Z