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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
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 $ 93,100 Product Y Product Z 7,900 40 4,100 150 1 7,900 1 7,100 Expected Activity 12,000 MHS 190 setups 2 products $ 83,000 $ 373,500 15,000 DLHS 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
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