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 Activity Measure Estimated 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 7,100 3,900 Number of setups 60 150 Number of products 1 1 Direct labor-hours 8,100 1,900 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 and final answers to the nearest dollar amount.)

3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.)

4. What is the activity rate for the Machine Setups activity cost pool? (Round your answer to 2 decimal places.)

5. What is the activity rate for the Product Design activity cost pool? (Round your answer to 2 decimal places.)

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 Activity Measure Estimated 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 7,100 3,900 Number of setups 60 150 Number of products 1 1 Direct labor-hours 8,100 1,900 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 and final answers to the nearest dollar amount.)

3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.)

4. What is the activity rate for the Machine Setups activity cost pool? (Round your answer to 2 decimal places.) 5. What is the activity rate for the Product Design activity cost pool? (Round your answer to 2 decimal places.) 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) .Which of the four activities is a batch-level activity? Machining activityGeneral factory activityProduct design activityMachine setups activity

Machining activity General factory activity Product design activity Machine setups activity

8.Which of the four activities is a product-level activity? Machine setups activityMachining activityGeneral factory activityProduct design activity

Product design activity Machining activity Machine setups activity General factory activity

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 and final answer to the nearest dollar amount.) Total manufacturing overhead cost

. 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 and final answer to the nearest dollar amount.) Total manufacturing overhead cost 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal places.) Product Y Product Z Total overhead cost % % 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.)

Machining cost % %

13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.) Machine setups cost % %

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 % %

15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.) General factory cost product Y% product z%