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of 15 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of Product
of 15 Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on drect 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 k General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estisste Overhead Cost $215,700 5/15,60 50,000 Expected Activity 12,000 10 setups 2 products 12,000 bu Activity Measure Machining Number of setups Number of products aces Direct labor-hours 355,400 Product Y 7,600 40 A,000 32M 7,600 Foundational 4-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Machine setups cost Product Y Product Z
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