Part 1015 Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product 2 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 2 Estimated Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours 5 200,000 10,000 Machine setups Number of setups $ 100,000 200 setups Production design Number of products $ 84,000 2 products General factory Direct labor-hours $ 300,000 12,000 DLHS 6.66 points 5pped ebook Punt Product Y 8.000 40 1 9,000 Activity Measure Machining Number of setups Number of products Direct labor-hours Product z 2.000 160 1 3.000 References Required: 1. What is the company's plantwide overhead rate? May