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Please help. Thank you so much Required information Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 units of Product Z. The company
Please help. Thank you so much
Required information 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 Machining Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours. Activity rate Estimated Overhead Cost $ 249,600 $ 162,400 $ 92,000 $ 309,600 per MH Product Y Product Z 8,800 3,200 40 240 1 1 8,800 3,200 Expected Activity 12,000 MHs 280 setups 2 products 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) 12,000 DLHSStep by Step Solution
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