Greenwood Company manufactures two products-15.000 units of Product Y and 7,000 units of Product Z. The company uses a 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: a. 1. Using the gjantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? Total overhead cost Product Y % Product Z % 2. Using the ABC system, what percentage of the machirvg cost is assigned to product Product Y and Product Z. Machining cost Product Y % Product Z % 3. Using the ABC System what percentage of machine setups cost is assigned to product Y and Product Z? Machine setups cost Product Y % Product Z % 4. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z Product design cost Product Y % Product Z % 5. Using the ABC system what percentage of the general factory cost is assigned to product Y and Product Z. General factory cost Product Y % Product Z %|