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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 company 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 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 Expected Activity Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Cost $ 200,800 10,000 MHs s 100,eee $84,0e0 $ 300,00 12,000 DLHs 200 setups 2 products Activity Measure Machining Number of setups Number of products Direct labor-hours ProductY 8,000 Product z 2,000 40 160 9,000 3,000 3. What is the activity rate for the Machining activity cost pool? rate per MH 4. What is the activity rate for the Machine Setups activity cost pool? rate per setup 5. What is the activity rate for the Product Design activity cost pool?| per product

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