Required Information Foundational (Algo) (L04-1, L04-2, L04-3, L04-4] Greenwood Company manufactures two products--14,000 units of Product Y and 6,000 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 Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Coat $ 192,000 $ 50,400 $ 76,000 $ 387,200 Expected Activity 10,000 MES 120 setups 2 products 16,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product 2 7,200 2,800 50 70 1 1 7,200 8,800 Foundational 4-5 (Algo) 5. What is the activity rate for the Product Design activity cost pool? Activity rate per product Foundational 4-6 (Algo) 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places. Activity rate per DLH Foundational 4-7 (Algo) 7. Which of the four activities is a batch-level activity? Machining activity General factory activity O Product design activity Machine setups activity Foundational 4-8 (Algo) 8. Which of the four activities is a product-level activity? O Product design activity O Machining activity O General factory activity O Machine setups activity