Required information Foundational (LO4-1, L04-2, L04-3, L04-4) 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 Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 221, le $ 107, 100 $ 85,000 $ 251,000 Expected Activity 11,00 MHS 21e setups 2 products 10,eee DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product 8,100 50 1 8,180 Product z 2,900 160 1 1,9ee 5. What is the activity rate for the Product Design activity cost pool? Activity tate per product 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Adity rate por DLH 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your Intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total manulachuting overhead cost 10. Using the ABC system how much total manufacturing overhead cost would be assigned to Product Z? (Round your Intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Total matutacturing overhead coa 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Product Total overhead cost 12. Using the ABC system what percentage of the Machining costs is assigned to Product Y and Product Z (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Product Machining cost % 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Product Machine setups cost 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z2 (Round your answers to 2 decimal places.) Product Product Product design cost 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations and final answers to 2 decimal places.) Product Y Product General factory cost
