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Please help. Using the ABC system, please calculate: Total manufacturing overhead cost for Product Y Total manufacturing overhead cost of Product Z Total overhead cost
Please help.
Using the ABC system, please calculate:
Total manufacturing overhead cost for Product Y Total manufacturing overhead cost of Product Z Total overhead cost percentage for Product Y and Product Z Machining Cost for Product Y and Z Machine Setup cost for Product Y and Product Z Product Design Cost for Product Y and Product Z General Factory Cost for Product Y and Product Z
I apologize, I am just under the weather and do not think I can stay awake to complete the rest of this assignment. Thank you for any help.
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 Total manufacturing overhead cost Product Y 8,800 40 1 8,800 Estimated Overhead Cost $ 249,600 $ 162,400 $ 92,000 $ 309,600 Product Z 3, 200 240 1 3,200 Expected Activity 12,000 MHS 280 setups. 2 products 12,000 DLHs 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermed calculations to 2 decimal places. Round your answers to the nearest dollar amount.)Step by Step Solution
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