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plz help, ABC costing need help witht hese 5 please !!! will upvote Foundational (Algo) (LO4-1, LO4-2, L04-3, LO4-4] Greenwood Company manufactures two products-13,000 units
plz help, ABC costing need help witht hese 5 please !!! will upvote
Foundational (Algo) (LO4-1, LO4-2, L04-3, 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 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 Product Y 7,600 40 Total overhead cost. 1 7,600 Estimated Overhead Cost $ 235,200 Product Z 4,400 120 1 4,400 $ 73,600 $ 80,000 $ 295,200 Answer is complete but not entirely correct. Product Y Product 2 57.65% 42.35 % Expected, Activity 12,000 MHS 160 setups 2 products Foundational 4-11 (Algo) 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product 27 (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) 12,000 DLHS 15 Foundational (Algo) [LO4-1, LO4-2, L04-3, 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 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 Machining cost Product Y 7,600 40 Product Y 1 7,600 57.65% Estimated Overhead Cost $ 235, 200 $ 73,600 $ 80,000 $ 295,200 Product Z 4,400 120 Answer is complete but not entirely correct. Product Z 42 35 1 4,400 Foundational 4-12 (Algo) 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product 2? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Expected, Activity 12,000 MH 160 setups. 2 products 12,000 DLHS 15 ces 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 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 Machine setups cost Product Y 7,600 40 1 7,600 Product Y Estimated Overhead Cost $ 235, 200 $ 73,600 $ 80,000 $ 295,200 Product Z 4,400 120 1 4,400 Product Z Expected Activity 12,000 MHs 160 setups Foundational 4-13 (Algo) 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product 2? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) 2 products 12,000 DLHS Required information. Foundational (Algo) [LO4-1, LO4-2, L04-3, L04-4] 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 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 Product design cost Product Y 7,600 40 Product Y 1 7,600 Estimated Overhead Cost $ 235,200 $73,600 $ 80,000 $ 295,200 Product Z 4,400 120 Foundational 4-14 (Algo) 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.) Product Z 1 4,400 Expected Activity 12,000 s 160 setups 2 products 12,000 DLHS 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 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 General factory cost Product Y 7,600 40 Product Y 1 7,600 % Estimated Overhead Cost $ 235,200 $73,608 $ 80,000 $ 295,200 Product Z 4,400 120 1 4,400 Foundational 4-15 (Algo) 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations and final answers to 2 decimal places.) Product Z Expected Activity 12,000 MHS 160 setups 2 products 12,000 DLHS Step by Step Solution
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