Required information

Greenwood Company manufactures two products14,000 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	Activity Measure	Estimated Overhead Cost			Expected Activity
Machining	Machine-hours	$	198,000			10,000	MHs
Machine setups	Number of setups	$	86,400			180	setups
Production design	Number of products	$	82,000			2	products
General factory	Direct labor-hours	$	248,000			10,000	DLHs

Activity Measure	Product Y			Product Z
Machining		7,800			2,200
Number of setups		50			130
Number of products		1			1
Direct labor-hours		7,800			2,200

1. What is the companys plantwide overhead rate? (Round your answer to 2 decimal places.)

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.)

3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.)

4. What is the activity rate for the Machine Setups activity cost pool?