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PLEASE ANSWER ALL 7 QUESTION !!! ALL FROM SAME PROBLEM !!! WILL !! Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units
PLEASE ANSWER ALL 7 QUESTION !!! ALL FROM SAME PROBLEM !!! WILL !!
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 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 Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estinated Overhead Cost $ 242,400 $ 114,400 $86,000 Expected Activity 12,000 MHS 220 setups 2 products $ 302,400 12,000 DLHS Product Y Product 8,200 3,800 Activity Measure Machining Number of setups Number of products Direct labor-hours 40 180 1 1 8,200 3,000 Foundational 4-2 (Algo) 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. Round your answers to the nearest dollar amount.) Product Y Product Z Manufacturing overhead allocated 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 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 $ 242,400 Expected Activity 12,000 MHG Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours $ 114,400 $ 86,000 220 setups 2 products $ 302,400 12,000 DLHS Product Y Product 8,200 3,800 Activity Measure Machining Number of setups Number of products. Direct labor-hours 40 180 1 1 8,200 3,800 Foundational 4-3 (Algo) 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate par MH 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 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 Machining Machine setups Production design General factory Expected Activity 12,000 Mil Estimated Overhead Cost 9 242,400 $ 114,400 $86,000 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours 220 setups $ 302,400 12,000 DL Product Y Product 8,200 3,800 Activity Measure Machining Number of setups Number of products Direct labor-hours 180 40 1 1 0,200 3,800 Foundational 4-4 (Algo) 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 2 producte 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 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 Activity Cost Pool Machining Machine setups Production design General factory Expected Activity 12,000 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Overhead Cost $ 242,400 $ 114,400 220 setups $ 86,000 2 products $ 302,400 12,000 DLHS Product Y Product 8,200 3,800 Activity Measure Machining Number of setups Number of products Direct labor-hours 40 180 1 1 8,200 3,800 Foundational 4-5 (Algo) 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product t 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 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 Activity Cost Pool: Machining Overhead Cost $ 242,400 $ 114,400 Expected Activity 12,000 Mila Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Machine setups Production design General factory 220 setups $ 86,000 $ 302,400 12,000 DLM Activity Measure Machining Product 2 Product Y 8,200 3,800 40 180 Number of setups Number of products Direct labor-hours 1 8,200 3,000 Foundational 4-6 (Algo) 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DLH 2 products 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 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 Machining Machine setups Production design General factory Expected Activity 12,000 MH Estimated Overhead Cost $ 242,400 $ 114,400 Activity Measure Machine-hours Number of setups Number of products Direct labor-hours 220 setups 2 products $ 86,000 $ 302,400 12,000 DLHS Product Y Product I 8,200 3,000 Activity Measure Machining Number of setups Number of products 40 180 1 1 Direct labor-hours 8,200 3,800 Foundational 4-7 (Algo) 7. Which of the four activities is a batch-level activity? O Machining activity O General factory activity O Product design activity O Machine setups activity 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 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. Machining Estimated Overhead Cost $ 242,400 $ 114,400 Expected Activity 12,000 MHS Activity Measure Machine-hours Number of setups Number of producta Direct labor-hours Machine setups Production design General factory $ 86,000 220 setups 2 products $ 302,400 12,000 DLHS Activity Measure Machining Product Y Product # 8,200 3,800 40 180 Number of setups Number of products Direct labor-hours 1 1 8,200 3,800 Foundational 4-8 (Algo) 8. Which of the four activities is a product-level activity? O General factory activity O Machine setups activity O Product design activity O Machining activity Step by Step Solution
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