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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
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 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. Using the ABC system what percentage of the factory cost is assigned to Product Y and Product Z! Round your answers to 2 decimal places
Overhend Activity Cost PoolActhvity Mensure Machining Mochine setups Production design Genarel fectory Machine-hours Number of setups Number of producta Direct labor-hours Cot Expected Actiw s 231000 1,000 MHs $ 190 000 300 serupe 94.000 200,000 10,000 DU 2 product Actity Measure Product Y Machining Number of setups Number of producs Oirect lnbor-hours 8.000 3.000 9000
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