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Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product 2. 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 2. 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 $ 227,700 11,000 MHS Machine setups Number of setups $ 153,900 270 setups Production design Number of products $ 91,000 2 products General factory Direct labor-hours $ 257,000 10,000 DLR. Activity Measure Product Product Machining 8,700 2,300 Number of setups 60 Number of products 1 Direct labor-hours 8,700 1,300 210 1 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manufacturing overhead cost 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate por DLH 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rato per MH 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 Manufacturing overhead allocated Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup

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