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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
Greenwood Company manufactures two products units of Product and units of Product 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 and :
tableActivity Cost Pool,Activity Measure,tableEstimatedOverhead CostExpected ActivityMachiningMachinehours,$ MHsMachine setups,Number of setups,$ setupsProduction design,Number of products,$ productsGeneral factory,Direct laborhours,$ DLHs
tableActivity Measure,Product YProduct ZMachiningNumber of setups,Number of products,Direct laborhours,
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Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product and Product Round your intermediate calculations to decimal places. Round your answers to the nearest dollar amount.
tableProduct Product
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