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Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a pj&S&Kj^S overhead rate based on direct
Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a pj&S&Kj^S 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: 1. what is the company's plantwide overhead rate? 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to product Y and product Z? (manufacturing overhead allocated (poduct Y)(Product Z) 3. what is the activity rate for the machining activity cost pool? 4. what is the activity rate for the machine setups activity cost pool? 5. what is the activity rate for the product design activity cost pool
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