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 Activity Cost Pool Activity Measure Overhead Cost Expected Activity Machining Machine-hours $ 192,000 10,000 MH Machine setup Number of setups 120 setups Production design Number of products $ 76,000 2 products General factory Direct labor-hours $ 387,200 16,000 DLR Activity Measure Product Product ? Machining 7,200 2,800 Number of setups 50 Number of products Direct labor-hours 7,200 8.800 $ 50,400 1 70 1 Foundational 4-1 (Algo) Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead cost $ 192,000 $ 50,400 $ 76,000 $ 387,200 Activity Cost Pool Machining Machine setups Production design General factory Motivity Measure Machining Number of setup Number of products Direct labor-hours Expected Activity 10,000 M 120 setups 2 producto 16,000 DLS Product Y Product 7,200 2,800 50 20 1 1 7,200 8,800 Foundational 4-2 (Algo) 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your Intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Product Y Product 2 Manufacturing overhead allocated Activity Cost Pool Machining Machine setups Production design General factory Estimated Activity Measure Overhead Coat Machine-hours $ 192,000 Number of setups $ 50,400 Number of products $ 76,000 Direct labor-hours $ 387,200 Expected Activity 10,000 MHS 120 setups 2 products 16,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product 2 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-3 (Algo) 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate per MH Activity Cost Pool Machining Machine setups Production design General factory Estimated Activity Measure Overhead Cost Machine-hours $ 192,000 Number of setups $ 50,400 Number of products $ 76,000 Direct labor-hours $ 387,200 Expected Activity 10,000 MHs 120 setups 2 products 16,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product Z 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-4 (Algo) 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 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 $ 192,000 $ 50,400 $ 76,000 $ 387,200 Expected Activity 10,000 120 setups 2 products 16,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product 2 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-5 (Algo) 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product 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 $ 192,000 $ 50,400 $ 76,000 $ 387,200 Expected Activity 10,000 MHS 120 setups 2 products 16,000 DLES Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product ? 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-6 (Algo) 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal plac Activity rate per DLH Activity Cost Pool Machining Machine setup Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Estimated Activity Measure Overhead Cost Machine-hours $ 192,000 Number of setups $ 50,400 Number of products $ 76,000 Direct labor-hours $ 387,200 Product Y Product 7,200 2,800 50 70 1 1 7,200 8,800 Expected Activity 10,000 MH 120 setups 2 products 16,000 DLES Foundational 4-9 (Algo) 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your inte calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cont Activity Cont Pool Machining Machine setups Production design General factory Butimated Activity Measure Overhead cost Machine hours $ 192,000 Number of setup $ 50,400 Number of products $ 76,000 Direct labor-hours $ 387,200 Product Y Products 7.200 2,800 50 70 1 1 7,200 8.800 Expected Motivity 10,000 MIS 120 setups 2 products 16,000 DIES Activity Man Machining Number of setups Number of products Direct labor-hours Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost Activity Coat Pool Machining Machine setup Production design General factory Activity Measure Machining Number of setup Number of products Direct labor-hours Estimated Nativity Measure Overhead Cost Expected Activity Machine-hours $ 192,000 10,000 M Number of stupe $ 50,400 120 setups Number of products $ 76,000 2 products Direct labor-hours $ 387,200 16,000 L Product Y Product 7,200 2,800 50 70 1 1 7.200 8.900 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.) Product Y Total overhead cont Product Z % Estimated Activity Mature Overhead cost Machine-hours $ 192,000 Number of setups $ 50,400 Number of products $ 76,000 Direct labor-hours $ 387,200 Expected Activity 10,000 M 120 setups 2 products 16,000 DI Activity Coat Pool Machining Machine setup Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-houra Product Y Product 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-12 (Algo) 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 cont Activity Mature Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead cont $ 192,000 $ 50,400 $ 76,000 $ 387,200 Expected Activity 10,00D MES 120 wetups 2 product 16,000 D Activity Cont Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Product Product 7,200 2,800 50 70 1 1 7.200 8,800 Foundational 4-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Pound your Intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Product Machine setups con Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 192,000 $ 50,400 $ 76,000 $ 387,200 Expected Activity 10,000 M 120 setups 2 products 16,000 DIN Activity Cost Pool Machining Machine wetups Production design General factory Activity Measure Machining Number of wetups Number of products Direet Labor-hours Product Y Product 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-14 (Algo) 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answer to 2 decimal places.) Product Product Z Product design cost Estimated Activity Measure Overhead Cost Machine-hours $ 192,000 Number of setups $ 50,400 Number of products $ 76,000 Direct labor-hours $ 387,200 Activity Cout Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Expected Activity 10,000 MHS 120 setup 2 products 16,000 DIAS Product Y Product 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-15 (Algo) 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round you Intermediate calculations and final answers to 2 decimal places.) Product Y General factory cont Product %