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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 -15,000 units of Product Y and 7,000 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 :
\table[[Estimated,,,],[Activity Cost Pool,Activity Measure,Overhead Cost,Expected Activity],[Machining,Machine-hours,$224,400,11,000 MHs],[Machine setups,Number of setups,$129,600,240 setups],[Production design,Number of products,$88,000,2 products],[General factory,Direct labor-hours,$254,000,10,000 DLHs],[,,,],[Activity Measure,Product Y,Product Z,],[Machining,8,400,2,600,],[Number of setups,60,180,],[Number of products,1,1,],[Direct labor-hours,8,400,1,600,]]
Foundational 4-12(Algo)
12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?(Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.)
\table[[,Product Y,Product Z],[Machining cost,,%
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