Required Information Foundational (LO4-1, LO4-2, L04-3, LO4-4] 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: 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 $ 203,800 $ 121,900 $ 87,000 $ 379,500 Expected Activity 10,000 MHS 23e setups 2 products 15, 280 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8, 30e 50 1 9,5ee Product z 1,700 180 1 5, See Foundational 4-9 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 manufacturing overhead cost Required Information Foundational (LO4-1, LO4-2, L04-3, LO4-4] 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 Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours 203,wee 10,290 MHs Machine setups Number of setups $ 121,900 230 setups Production design Number of products $ 87,880 2 products General factory Direct labor-hours $ 379,500 15,280 DLHS $ Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8, 30e 50 1 9,5ee Product z 1,7ee 188 1 5,5ee Foundational 4-10 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 manufacturing overhead cost Required Information Foundational (LO4-1, LO4-2, L04-3, LO4-4] 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: 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 $ 203,880 $ 121,900 $ 87,eee $ 379,500 Expected Activity 10,800 MHS 230 setups 2 products 15,80 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8, 30e 50 1 9,5ee Product z 1,700 180 1 5, see 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 z Product Y % Total overhead cost %6 Required Information Foundational (LO4-1, LO4-2, 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: 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 $ 203,800 $ 121,900 $ 87,888 $ 379,500 Expected Activity 10,000 MHs 230 setups 2 products 15,00 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8, 30e 50 1 9,5ee Product z 1,700 189 1 5,5ee 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 Y Product Z Machining cost 96 96 Required Information Foundational (LO4-1, LO4-2, 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: 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 203,290 $ 121,900 $ 87,800 $ 379,500 Expected Activity 10,000 MHs 230 setups 2 products 15,80 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8,300 50 1 9,500 Product z 1,700 189 1 5, 5ee Foundational 4-14 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z? (Round your answers to 2 decimal places.) Product Y Product z Product design cost 50.00% 50.00% Required Information Foundational (LO4-1, LO4-2, LO4-3, LO4-4] 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 Overhead Expected Activity Cost Pool Activity Measure Cost Activity Machining Machine-hours 203,800 10,000 MHS Machine setups Number of setups 121,900 230 setups Production design Number of products 2 products General factory 379,500 15, e8e DLHS $ $ $ $ 87,000 Direct labor-hours Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8, 30e 50 1 9,500 Product z 1,7ee 188 1 5,500 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 z General factory cost 96