Question
Greenwood Company manufactures two products13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct
Greenwood Company manufactures two products13,000 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:
Questions:
9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? Total manf. overhead cost.
10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manf. overhead cost.
11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? Overhead Cost Percentage Product Y Percentage Product Z
12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Machining Cost Percentage Product Y Percentage Product Z
13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? Machining set up Percentage Product Y Percentage Product Z
14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Percentage Product Y Percentage Product Z
15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? Percentage Product Y Percentage Product Z
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