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I need a help with all of them please. Thank you. Foundational (LO4-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-14,000 units of Product Y
I need a help with all of them please. Thank you.
Foundational (LO4-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 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 Overhead Cost 200,000 100,000 Expected Activity 10,000 MHS 200 setups Activity Cost Activity Pool Measure Machining Machine-hours Number of Machine setups setups Production Number of design products Direct labor- General factory hours 84,000 2 products 300,000 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product Z 8,000 2,000 40 160 9,000 3,000 Foundational 4.9 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y?! Total manufacturing overhead cost Foundational 4-10 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhead cost Foundational 4-11 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? Product Y Product Z Total overhead cost Foundational 4-12 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Product Y Product Z Machining cost Foundational 4-13 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? Product Product Z Machine setups cost Foundational 4-14 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Product Y Product Z Product design cost Foundational 4-15 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? Product Y Product Z General factory costStep by Step Solution
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