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Greenwood Company manufactures two products14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on direct

Greenwood Company manufactures two products14,000 units of Product Y and 6,000 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 Activity Measure Estimated Overhead Cost Expected Activity
Machining Machine-hours $ 203,000 10,000 MHs
Machine setups Number of setups $ 121,900 230 setups
Production design Number of products $ 87,000 2 products
General factory Direct labor-hours $ 379,500 15,000 DLHs

Activity Measure Product Y Product Z
Machining 7,300 2,700
Number of setups 50 180
Number of products 1 1
Direct labor-hours 9,500 5,500

1.) Which of the four activities is a product-level activity?

Machining Activity

Machine setups activity

Product design activity

general factory activity

2.) Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

3.) Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

4.) Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal places.)

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