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Required information Check my work Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The company uses a
Required information Check my work Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Estinated Overhead Cost Product Y Product 2 7,400 3,600 60 1 7,400 80 1 2,600 $ 213,400 $ 61,600 Expected Activity 11,000 MI 140 setups $ 78,000 $ 244,000 2 products 10,000 DLH 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Machining cost Product Y Product Z %
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