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Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The
Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 Measuce 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 Cost $ 227,700 $ 153,900 $91,000 $257,000 Product Y Product Z 8,700 60 2,300 1 8,700 210 1 1,300 Expected Activity 11,000 MHS 270 setups 2 products 10,000 DLHS Foundational 4-3 (Algo)
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