Required information Greenwood Company manufactures two products13,000 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 Cost Activity Machining Machine-hours $ 220,000 12,000 MHS Machine setups Number of setups $ 40,000 100 setups Production design Number of products $ 74,000 2 products General factory Direct labor-hours $ 280,000 12,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,000 40 1 7,000 Product 2 5,000 60 1 5,000 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.) Answer is complete but not entirely correct. Product Y Product z Total overhead cost 58.00 42.00 % %