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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
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 Heature Machine-hours Number of setup Number of products Direct lsbor-hours Estated Overhead Cost $ 195,000 $67.500 579.000 $ 245,000 Expected Activity 10,000 150 stup 2 products 10,000 D Product 7.50 Machining Number of setups amber of products Direct lobor-hours 50 1 2.500 Product 2,500 100 1 2,500 Foundational 4-10 FO. Using the ABC systems, how much total manufacturing overhead cost would be assigned to product 2? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount) 5 244,640
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