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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 $ 192,000 10,000 MHs
Machine setups Number of setups $ 50,400 120 setups
Production design Number of products $ 76,000 2 products
General factory Direct labor-hours $ 387,200 16,000 DLHs

Activity Measure Product Y Product Z
Machining 6,200 3,800
Number of setups 50 70
Number of products 1 1
Direct labor-hours 7,200 8,800

1.Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?(Round your answers to 2 decimal places.)

Machining cost Product Y_______% Product Z_______%

2. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z?(Round your answers to 2 decimal places.)

Machining cost Product Y_______% Product Z_______%

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