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! Required information Foundational (Static) (LO4-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The
! Required information Foundational (Static) (LO4-1, LO4-2, LO4-3, LO4-4) 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 Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 200,000 $ 100,000 $ 84,000 $ 300,000 Expected Activity 10,000 MHS 200 setups 2 products 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8,000 40 1 9,000 Product Z 2,000 160 1 3,000 Foundational 4-7 (Static) 7. Which of the four activities is a batch-level activity? O Machining activity O General factory activity O Product design activity O Machine setups activity 8. Which of the four activities is a product-level activity? O Machine setups activity Product design activity O General factory activity O Machining activity 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? Total manufacturing overhead cost 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? Total manufacturing overhead cost
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