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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

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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 available for the company as a whole and for Products Y and Z: Activity Cost Pool Machining Machine setups Production design General factory Expected Activity 11,000 MHs 110 setups 2 products 10,000 DLES Estimated Activity Measure Overhead Cost Machine-hours $ 210,100 Number of setups $ 45,100 Number of products $ 75,000 Direct labor-hours $ 241,000 Product y Product z 7,100 3,900 60 50 1 7,100 2,900 Activity Measure Machining Number of setups Number of products Direct labor-hours Foundational 4-1 (Algo) Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Plantwide overhead rate per DLH Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead cost $ 210,100 $ 45,100 $ 75,000 $ 241,000 Expected Activity 11,000 MHS 110 setups 2 products 10,000 DLHS Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setup Number of products Direct labor-hours Product Product 2 7,100 3,900 60 50 1 1 7,100 2,900 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.) Product Y Product Z Manufacturing overhead bllocated 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rato per MH 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rato per DLH

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