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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 $ 209,000 10,000 MHs Machine setups Number of setups $ 171,100 290 setups Production design Number of products $ 93,000 2 products General factory Direct labor-hours $ 259,000 10,000 DLHs Activity Measure Product Y Product Z Machining 8,900 1,100 Number of setups 50 240 Number of products 1 1 Direct labor-hours 8,900 1,100 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.)

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