Required information Foundational (LO4-1, LO4-2, L04-3, L04-4] Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Cost Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours $ 235,200 $ 73,600 $ 80,000 $ 295,200 Expected Activity 12,000 MA 160 setups products 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7.600 10 1 7,600 Product Z 4.400 120 1 4,400 Foundational 4-11 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 Y Product Z % Total overhead cost 0 Required information Foundational [LO4-1, LO4-2, L04-3, LO4-4) Greenwood Company manufactures two products--13,000 units of Product Y and 5,000 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 Coat Pool Activity Measure Coat Activity Machining Machine-hours $ 235, 200 12,000 MH Machine setups Number of setups $ 73,600 160 setups Production design Number of products $ 80,000 2 products General factory Direct labor-hours $295, 200 12,000 DLHO Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7.600 40 1 7.600 Product 4,100 120 1 1.400 Foundational 4-12 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 Product Machining cost % 5 Required information Foundational (L04-1, LO4-2, LO4-3, L04-4] Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Coat Activity Machining Machine-hours $ 235, 200 12.000 MHS Machine setups Number of setups $ 73,600 160 setup Production design Number of products $ 80,000 2 products General factory Direct labor-hours S 295,200 12,000 DI Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,600 40 1 7,600 Product z 4.400 120 1 4.100 Foundational 4-13 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 Y Product Z Machine setups cost 7. of 15 Required information Foundational (LO4-1, LO4-2, L04-3, LO4-4) Greenwood Company manufactures two products --13,000 units of Product Y and 5,000 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 Cont tool Machining Machine setup Production design General factory Activity Measure Machine-hour Number of setup Number of products Direct labor-hours Estimated Overhead Coat 255,200 673.600 $80,000 295,200 Expected Activity 12,000 MB 160 setups 2 products 12,000 DLS Book Print Activity Measure Machining Number of setupa Number of products Direct labor-hours 0 Product Y 1.600 10 1 7,600 Product 2 1. 100 120 1 1.100 erences Foundational 4-14 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product and Product Z? (Round your answers to 2 decimal places.) Product Y Product Product design cost Required information Foundational (LO4-1, LO4-2, LO4-3, L04-4) Greenwood Company manufactures two products-13,000 units of Product Y and 5,000 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 Coat Pool Activity Measure Coat Activity Machining Machine-hours $ 235, 200 12,000 MH Machine setupa Number of setups $ 73,600 160 setups Production design Number of products $ 80,000 2 products General factory Direct labor-hours $ 295, 200 12,000 DE Activity Mensure Machining Number of setups Number of products Direct labor-hours Product Y 7.600 40 1 7,600 Product 2 1.400 120 1 4. 400 Foundational 4-15 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
