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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 ovghead rate based on direct

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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 ovghead 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 : Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) 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) 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) 4. What is the activity rate for the Machine Setups activity cost pool

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