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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 plantwide overhead rate based on
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 Machining Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $213,400 $ 61,600 $ 78,000 $244,000 Product Product 7,400 60 7,400 3,600 80 1 2,600 Expected Activity 11,000 Mits 140 setups 2 products 10,000 DLH 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product 2? (Round your Intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Manufacturing overhead allocated Product Y Product Z
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