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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

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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 on direct labor-hours. It is considering implementing activity- an 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 12,000 MHs 130 setups 2 products 15,000 DLHs Activity Cost Pool Machining Machine netups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Cost s 231,600 $55,900 $77,000 $ 364,500 Product 2 4,700 90 Product Y 7,300 Activity Measure Machining Number of setupa Number of products Direct labor-hours 40 1 1 7,700 7,300 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z7? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Z Product Y % % Machine setups cost

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