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Foundational (LO4.1, LO4-2, L04-3, L04.4) Greenwood Company manufactures two products-14.000 units of Product Y and 5,000 units of Product 2 The company uses a plantwide

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Foundational (LO4.1, LO4-2, L04-3, L04.4) Greenwood Company manufactures two products-14.000 units of Product Y and 5,000 units of Product 2 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 Haching Machine Setup Production design General factory Activity Me Machine-hours anber of setups Number of products Direct Tibor-hours Estimated Overhead Cost $ 195,000 $ 67,500 $79.000 $ 245,000 Dipected Activity 20,000 150 setups 2 products 10,000 DUES Betty Machining Huber of setups Number of products Direct labor.hu Product 3.500 se 1 7.500 Product 2,500 100 1 2,500 Foundational 4-12 12 Using the ABC system what percentage of the Machining costs is assigned to product and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places) Product Product Machining cont

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