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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 direct

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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 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 $ 221,100 11,000 MHS Machine setups Number of setups $ 107,100 210 setups Production design Number of products $ 85,000 2 products General factory Direct labor-hours $ 251,000 10,000 DLHS Activity Measure Product Y Product z Machining 8,100 2,900 Number of setups Number of products 1 Direct labor-hours 8,100 1,900 50 160 1 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 2 Product design cost Product Y % Foundational (Algo) (LO4-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products15,000 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 avallable 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 $ 221,100 11,000 MHS Machine setups Number of setups $ 107,100 210 setups Production design Number of products $ 85,000 2 products General factory Direct labor-hours $ 251,000 10,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product Z 8,100 2,900 50 160 1 1 8,190 1,900 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.) General factory cost Product Y % Product z %

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