Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $238,800 $ 93,100 Product Y Product Z Expected Activity 12,000 MHS 190 setups, 2 products $ 83,000 $ 373,500 15,000 DLHS Number of setups 7,900 40 4,100 150 Number of products 1 1 Direct labor-hours 7,900 7,100 Foundational 4-1 (Algo) Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost Product Y Product Z 7,900 40 Number of setups Number of products 1 Direct labor-hours 7,900 4,100 150 1 7,100 $ 238,800 Expected Activity 12,000 MHS 190 setups $ 93,100 $ 83,000 $ 373,500 15,000 DLHS 2 products Foundational 4-2 (Algo) 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Manufacturing overhead allocated Product Y Product 2 m Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y 7,900 40 Estimated Overhead Cost $238,800 $ 93,100 Expected Activity 12,000 MHS 190 setups 2 products. $ 83,000 $ 373,500 15,000 DLHS Product Z 4,100 150 Number of setups Number of products 1 1 Direct labor-hours 7,900 7,100 Foundational 4-3 (Algo) 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate por MH Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure. Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $238,800 Product Y Product Z $ 93,100 $ 83,000 $ 373,500 Expected Activity 12,000 MHs 190 setups 2 products 15,000 DLHS Number of setups Number of products 7,900 40 4,100 150 1 1 Direct labor-hours 7,900 7,100 Foundational 4-4 (Algo) 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y 7,900 40 Estimated Overhead Cost $238,800 $ 93,100 $ 83,000 $ 373,500 Product Z 4,100 150 Number of setups Number of products 1 1 Direct labor-hours 7,900 7,100 Expected Activity 12,000 MHs 190 setups. 2 products 15,000 DLHS Foundational 4-5 (Algo) 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost Product Y Product Z $ 238,800 $ 93,100 Expected Activity 12,000 MHs 190 setups 2 products $ 83,000 $ 373,500 15,000 DLHS Number of setups Number of products Direct labor-hours 7,900 40 4,100 150 1 1 7,900 7,100 Foundational 4-6 (Algo) 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH ces Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Estimated Overhead Cost $ 238,800 $ 93,100 Expected Activity 12,000 MHs 190 setups 2 products $ 83,000 Direct labor-hours $ 373,500 15,000 DLHS Product Y Product Z 7,900 4,100 Number of setups 40 150 Number of products 1 1 Direct labor-hours 7,900 7,100 Activity Measure Machining Foundational 4-7 (Algo) 7. Which of the four activities is a batch-level activity? O Machining activity O General factory activity O Product design activity O Machine setups 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Estimated Overhead Cost $ 238,800 Expected Activity 12,000 MHs 190 setups 2 products $ 93,100 Number of products $ 83,000 Direct labor-hours $ 373,500 15,000 DLHS Product Y Product Z Number of setups 7,900 40 4,100 150 Number of products. 1 1 Direct labor-hours. 7,900 7,100 Activity Measure Machining Foundational 4-8 (Algo) 8. Which of the four activities is a product-level activity? O Machine setups activity O Product design activity Machining activity O General factory activity 15 Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $238,800 $ 93,100 Product Y Product Z Expected Activity 12,000 MH 190 setups 2 products $ 83,000 $ 373,500 15,000 DLHS Activity Measure ok Machining 7,900 4,100 Number of setups 40 150 Number of products 1 Direct labor-hours 7,900 1 7,100 ences Foundational 4-9 (Algo) 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 238,800 Expected Activity 12,000 MHS 190 setups 2 products $ 93,100 $ 83,000 $ 373,500 15,000 DLHS Product Y Product Z 7,900 4,100 40 150 1 1 7,100 Number of setups Number of products Direct labor-hours 7,900 Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $238,800 $ 93,100. $ 83,000 $ 373,500 Product Y Product Z 7,900 40 4,100 150 1 1 7,100 Number of setups Number of products Direct labor-hours 7,900 Expected Activity 12,000 MHs 190 setups 2 products 15,000 DLHS Foundational 4-11 (Algo) 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Product Z Total overhead cost Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 238,800 Expected Activity 12,000 MHs 190 setups 2 products $ 93,100 $ 83,000 $ 373,500 15,000 DLHS Product Y 7,900 Product Z 4,100 40 1 150 1 7,900. 7,100 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.) Product Y Product Z Machining cost % Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $238,800 $ 93,100 Product Y Product Z Expected Activity 12,000 MHs 190 setups $ 83,000 2 products $ 373,500 15,000 DLHS Number of setups 7,900 40 4,100 150 Number of products 1 1 Direct labor-hours 7,900 7,100 Foundational 4-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Machine setups cost Product Y Product Z Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product Y 7,900 40 Number of setups Number of products Direct labor-hours 7,900 1 Estimated Overhead Cost $ 238,800 Expected Activity 12,000 MH $ 93,100 190 setups $ 83,000 2 products $ 373,500 15,000 DLHS Product Z 4,100 150 1 7,100 Foundational 4-14 (Algo) 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.) Product Y Product Z Product design cost Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $238,800 $ 93,100 Product Y Product Z 7,900 40 Number of setups Number of products 1 Direct labor-hours 7,900 4,100 150 1 7,100 Expected Activity 12,000 MHS 190 setups 2 products $ 83,000 $ 373,500 15,000 DLHS Foundational 4-15 (Algo) 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product 2? (Round your intermediate calculations and final answers to 2 decimal places.) Product Y Product Z General factory cost