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Required information 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
Required information 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 Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Coat $ 231,600 $ 55,900 $ 77,000 $ 364,500 Expected Activity 12,000 MM 130 setups 2 products 15,000 DLES Activity Measure Machining Number of setup Number of products Direct labor-hours Product Y Product z 7,300 4.700 40 90 1 1 7.300 7.700 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 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 Activity Measure Overheud cost Machine-hours $ 231,600 Number of setups $ 55.900 Number of products $ 27,000 Direct labor-hours $364,500 Activity Cost Pool Machining Machine setup Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Expected Activity 12,000 MNS 130 setups 2 products 25.000 DLHS Product Y Product 7,300 4,700 40 90 1 1 7,300 7,700 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 Required information 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 Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cont $ 231,600 $ 55,900 $ 27,000 $364,500 Expected Activity 12.000 MS 130 setups 2 products 15,000 DLHS Activity Messure Machining Number of setups Number of products Direct labor-hours Product 7.300 40 1 7,300 Product 4,200 90 1 7,700 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 Z Machining cost Required information 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 Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead cost $ 231,600 $ 55,900 $ 77,000 $_364,500 Expected Activity 12,000 M 130 netups products 15,000 DLH. Activity Measure Machining Number of setups Number of products Direct labor-hours Product Product 7,300 4,700 40 90 1 1 7,300 7.700 3. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your termediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y Machine setups cost Product z % Required information 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 Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Coat $ 231,600 $ 55,900 $ 77,000 $364,500 Expected Activity 12,000 MB 130 setups 2 products 15,000 LES Activity Measure Machining Number of setups Number of products Direct labor-hours Product Product Z 7,300 4,700 40 90 1 1 7,300 7.700 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 Required information 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 Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Coat $ 231, 600 $ 55,900 $ 77,000 $ 364,500 Expected Activity 12,000 MHS 130 setups 2 products 15,000 DLHO Activity Measure Machining Number of setups Number of products Direct labor-hours Product Products 7,300 4,700 40 90 1 1 7.300 7,700 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
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