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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
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 Machining Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $238,800 $ 93,100 Expected Activity 12,000 MHS 190 setups $ 83,000 2 products $ 373,500 15,000 DLHS Product Y Product Z 7,900 40 4,100 150 1 1 7,900 7,100 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: Estimated Overhead. Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Cost $238,800 $ 93,100 $ 83,000 $ 373,500 Activity Measure Machining Number of setups Number of products. Direct labor-hours Product Y 7,900 40 Product Z 4,100 150 1 1 7,900 7,100 Expected Activity 12,000 MHS 190 setups 2 products 15,000 DLHS 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Manufacturing overhead allocated Product Y Product Z ces 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 Expected Activity 12,000 MHS Cost $238,800 $ 93,100 $ 83,000 $ 373,500 190 setups 2 products 15,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,900 40 Product Z 4,100 150 1 1 7,900 7,100 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 Larner Corporation is a diversified manufacturer of industrial goods. The company's activity-based costing system contains the following six activity cost pools and activity rates: Activity Cost Pool Labor-related Machine-related Machine setups Production orders Shipments General factory $ Activity Rates 8.00 per direct labor-hour $ 9.00 per machine-hour $ 50.00 per setup $ 100.00 per order $ 180.00 per shipment $ 9.00 per direct labor-hour Cost and activity data have been supplied for the following products: 378 Direct materials cost per unit Direct labor cost per unit $ 4.50 B52 $45.00 $ 4.75 Number of units produced per year 4,000 $10.00 500 Total Expected Activity 378 852 Direct labor-hours 900 50 Machine-hours 2,900 201 Machine setups 4 4 Production orders Shipments 8 4 12 4 Required: Compute the unit product cost of each product listed above. (Do not round intermediate calculations. Round your answers
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