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Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The company uses a plantwide overhead rate based on

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Greenwood Company manufactures two products-14,000 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 Machining Machine setups Production design General factory Activity Measure Machining Number of setupa Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Product 7,500 50 Estimated. Overhead Cost Product 2,500 100 1 7,500 1 2,500 $ 195,000 $ 67,500 $ 79,000 $245,000 Expected Activity: 10,000 Ma 150 setups 2 products 10,000 DLH 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.) Total overhead cost Product Y Product Z

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