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Greenwood Company manufactures two products 1 5 , 0 0 0 units of Product Y and 7 , 0 0 0 units of Product Z
Greenwood Company manufactures two products units of Product Y and units of Product Z The company uses a plantwide overhead rate based on direct laborhours. It is considering implementing an activitybased 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 Activity Measure Estimated Overhead Cost Expected Activity
Machining Machinehours $ MHs
Machine setups Number of setups $ setups
Production design Number of products $ products
General factory Direct laborhours $ DLHs
Activity Measure Product Y Product Z
Machining
Number of setups
Number of products
Direct laborhours
Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product ZRound your intermediate calculations to decimal places. Round your answers to decimal places.
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