! Required Information Foundational (L04-1, LO4-2, 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 wand for Products Y and Z. Estimated Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours $ 200,000 10,000 MH Machine setups Number of setups $100,000 200 setups Production desip Number of products $ 84,000 2 products General factory Direct labor.hours $ 300,000 12,000 DLH OR Product Activity Measure Machining Number of setups Number of products Direct labor-hours ences 40 1 Product 2 2,000 160 1 3,000 Foundational 4-6 6. What is the activity rate for the General Factory activity cost pool? Der DLH 0 Required Information Foundational [LO4-1, L04-2, L04-3, L04-4) Greenwood Company manufactures to products-14.000 units of Product Y and 6.000 units of Product Z. The company uses a plantwide overhead rate bason 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 Cost 52ee,ese $ 180,000 $ 84,000 $ 300,eee Expected Activity 10, 800 MH 200 setups 2 products 12,880 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8,800 Product Z 2,000 15e 1 3,880 1 9.00 Foundational 4-7 7. Which of the four activities is a batch-level activity General factory activity Machining activity Machine seus activity Product design activity Required Information Foundational (LO4-1, 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: Estimated Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours $ 200,000 10,000 MHS Machine setups Number of setups $1ee, 800 200 setups production design Number of products 84,000 2 products General factory Direct labor-hours $ 300,000 12,800 DLHS $ Activity Measure Machining Number of setups Number of products Direct labor-hours Product y 8.000 40 1 Product 2 2,000 160 1 3,800 Foundational 4-8 3. Which of the four activities is a product-level activity? Generalfotory activity Machine vetuos sctivity Machining att Product design activity Required Information Foundational (L04-1, L04-2, LO4-3, 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 Cost $ 200,000 $ 100,000 $ 84,000 $ 300,000 Expected Activity 10,000 MHIS 200 setups 2 products 12,000 DLHS Product Y Activity Measure Machining Number of setups Number of products Direct labor-hours Product 2 2,000 160 1 40 2 Foundational 4-10 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overed cost azon.com: Onlin... Netflix Saved Required Information Foundational (LO4-1, LO4-2, L042 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 Cost $ 200,000 $ 100,000 $ 84, een $ 300,000 Expected Activity 10,000 MHS 200 setups 2 products 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product 8,000 4e 1 9,000 Product z 2,600 160 1 3.000 Foundational 4-12 12. Using the ABC system what percentage of the Machining costs is assigned to Product Y and Product Z? Product Product Macho Required Information Foundational (LO4-1, 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 Cost $ 200,000 $ 100,000 $ 84,800 $ 300,000 Expected Activity 10,000 MHS 200 setups 2 products 12,000 DLHS Product Y 8.00 Activity Measure Machining Number of setups Number of products Direct labor-hours Product 2 2,000 160 1 1 Foundational 4-13 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? Product Mche Product 2 Saved Requlred Information Foundational (L04-1, LO4-2, L04-3, 104-4] 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 avallable 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 Cost $ 200, ese $ 188,888 $ 84,800 $ 300,000 Expected Activity 10,000 MHS 200 setups 2 products 12,600 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product 8,000 40 1 Droduct 2 2.000 160 1 3,000 Foundational 4-15 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? Product Productz