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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 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 :
tableEstimatedActivity Cost Pool,Activity Measure,Overhead Cost,Expected ActivityMachiningMachinehours,$ MHsMachine setups,Number of setups,$ setupsProduction design,Number of products,$ productsGeneral factory,Direct laborhours,$ DLHsActivity Measure,Product YProduct ZMachiningNumber of setups,Number of products,Direct laborhours,
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Using the ABC system, what percentage of the Machining costs is assigned to Product and Product Round your intermediate calculations to decimal places. Round your answers to decimal places.
tableProduct Product ZMachining cost
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