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Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products 14,000 units of Product Y and 6,000 units of Product Z. The
Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 : =oundational 4-11 (Algo) 1. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z ? (Round our intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.)
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