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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 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 227,700 $ 153,900 Product Y Product 2 Expected Activity. 11,000 MHS 270 setups $91,000 $257,000 2 products 10,000 DL 8,700 Number of setups 60 Number of products Direct labor-hours 1 8,700 2,300. 210 1 1,300 Foundational 4-9 (Algo) 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Answer is complete but not entirely correct. Total manufacturing overhead cost $ 48,338 5 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 Expected Activity 11,000 MH 270 setups Estimated Overhead Cost $ 227,700 $ 153,900 $ 91,000 $257,000 2 products 10,000 DLH Product Y Product 8,700 60 1 8,700 2,300 210 1 1,300 Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your interinediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Answer is complete but not entirely correct. Total manufacturing overhead cost 24,622 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 es Direct labor-hours. Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost Product Y Product 2 8,700 60 1 8,700 2,300 210 1 1,300 $ 227,700 $ 153,900 $91,000 $ 257,000 Expected Activity 11,000 MHS 270 setups 2 products 10,000 DL 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.). Total overhead cost Product Y Product Z ces 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 Ceneral 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 Expected Activity 11,000 MKS 270 setups Estimated Overhead Cost $ 227,700 $ 153,900 $91,000 $ 257,000 2 products 10,000 DE Product Y Product z 8,700 2,300 60 210 1 1 8,700 1,300. 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.) Machining cost Product Y Product Z 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 $ 227,700 $ 153,900 $91,000 $ 257,000 Product Y Product 2 8,700 2,300 60 210 1 8,700 1 1,300 Expected Activity 11,000 MHS 270 setups 2 products 10,000 DLH Foundational 4-13 (Algo) 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.) Machine setups cost Product Y Product Z 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 $ 227,700 $ 153,900 Product Y Product 2 2,300 210 8,700 60 1 8,700 1 1,300 Expected Activity 11,000 Mits 270 setups $ 91,000 $ 257,000 2 products 10,000 DL 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 answers to 2 decimal places.) Product Y Product Z Product design cost 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 $227,700 $ 153,900 $91,000 Product Y Product z 8,700 60 1 8,700 2,300 210 1 1,300 Expected Activity 11,000 MHs 270 setups 2 products $ 257,000) 10,000 DLHS 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 your intermediate calculations and final answers to 2 decimal places.) Product Y Product Z General factory cost 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 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated. Overhead Cost $ 227,700 $ 153,900 Product Y Product z Expected Activity 11,000 MH 270 setups $ 91,000 $ 257,000 2 products 10,000 DLH Machining Number of setups Number of products Direct labor-hours 8,700 60 1 2,300 210 1 8,700 1,300 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.) Answer is complete but not entirely correct. Product Y Product 2 Manufacturing overhead allocated $ 1,094,400 $ 510,720
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