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 Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 203,000 $ 121,900 $ 87,000 $ 379,500 Expected Activity 10,000 MHs 230 setups 2 products 15,000 DLRS Activity Mensure Machining Number of setups Number of products Direct labor-hours Product Y 8,300 50 1 9.500 Product : 1,700 180 1 5,500 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.) Product Y Product z Total overhead cost 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 Cont Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 203,000 $ 121,900 $ 87,000 $ 379,500 Expected Activity 10,000 MHS 230 setups 2 products 15,000 DHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8,300 50 1 9,500 Product z 1,700 180 1 5,500 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Product z Machining cost 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: Estimated Overhead Expected Activity Cont Pool Activity Measure Activity Machining Machine-hours $ 200,000 10,000 MH Machine setup Number of setups $ 121,900 230 setups Production design Number of products $ 87,000 2 products General factory Direct labor-hours $ 379,500 Cost 15,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product 8,300 50 1 9.500 Product 3 1,700 180 1 5,500 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y % Product z % Machine setups cost 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 Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 203,000 $ 121,900 $ 87,000 $ 379,500 Expected Activity 10,000 MH 230 setups 2 products 15,000 DI Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8,300 50 1 9,500 Product % 1,700 180 1 5,500 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.) Product Y Product Z Product design cost % 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 Machining Machine setups Production design General factory Activity Meanure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 203,000 $ 121,900 $ 87,000 $ 379,500 Expected Activity 10,000 MH 230 setups 2 products 15,000 DLHS Activity Measure Machining Number of setup Number of products Direct labor-hours Product Y 8,300 50 1 9.500 Product z 1,700 180 1 5,500 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations and final answers to 2 decimal places.) Product Y % Product Z % General factory cost