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Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z The compar uses a plantwide overhead rate based

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Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z The compar 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 "Cost $ 195,000 $ 67,500 $ 79, 800 $ 245,800 Expected Activity 10,000 MHS 150 setups 2 products 10,000 DLHS V Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,500 58 1 7,500 Product z 2,580 100 1 2,580 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Z Product Y % Machine setups cos

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