Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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-bours Estinati Overhead Expected $233, 11,000 S $260,000 Activity Measure Machining Number of setups Number of products Direct labor-hours Product Produ 60 3,000 1,00 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.) Manufacturing overhead allocated Product Y Product Z 10 2 Required Information Greenwood Company manufactures two product15.000 units of Product Y and 7000 ursts of Product The company uses a plantwide overhead rate based on drect labor-hours is conadering Implementing an activity-based costing (ABC) system that allocates all of its manufactuning overhead to four cost poos The following additonal information is available for the company as a whole and for Products and 2 Machine setups General factory Machining Number of setup uber of products Direct labor hours 2. Using the plantwide overhead rate, how much manufacturing ovemead costs allocated to Product Y and Product (Round your Intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount) Product Product 2 Greenwood Company manufactures two products-15.000 units of Product Y and 7.000 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 $231,000 $ 180,000 $ 94,000 $260,000 Expected Activity 11,000 M 300 setups 2 products 10,000 OLH Activity Heasure, Machining Number of setups Number of products Direct labor-hours Product Y 9,000 60 Product 21 2,000 240 9,000 1,000 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 Z Manufacturing overhead allocated