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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 Estimated Overhead Conti $213,400 Product Y Product 7,400 60 3,600 80 1 7,400 2,600 $ 61,600 Expected Activity 11,000 Mil 140 setups $ 78,000 2 products 10,000 DLHS $ 244,000 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 Y Product Z General factory cost % 8 < Prev 15 of 15 Next >>
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