! Required Information Foundational (Algo) (L04-1, L04-2, 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: Estimated Activity Cost Pool Activity Monaco Overhand cont Expected Activity Machining Machine-hours $ 246,000 12,000 M Machine setup Number of setupa $ 137,500 250 setups Production design Number of products $ 89,000 2 products General factory Direct labor-hours $ 357.000 14,000 DIE Activity Measure Product Y Product Machining 8,500 3,500 Number of setups 40 210 Number of products Direct labor-hours 8,500 5,500 1 1 Foundational 4-2 (Algo) 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round y Intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Product Product 2 Manufacturing overhead allocated