Required information Foundational (LO4-1, L04-2, L04-3, L04-4] Greenwood Company manufactures two products14,000 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 Activity Cost Overhead Expected Pool Activity Measure Cost Activity Machining Machine-hours $200,000 10,000 MHs Machine setups Number of setups $100,000 200 setups Number of Production design $ 84,000 2 products products Direct labor- General factory $300,000 12,000 DLHs hours Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product Z 8,000 2,000 40 160 9,000 3,000 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Product Y Product Z Machining cost 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product 2? Product Product Z Machine setups cost % 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? Product Y Product Z Product design cost 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? Product Y Product Z General factory cost dlo