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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
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 Expected Activity 10,000 MHs 260 setups Overhead Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Cost 206,000 $145,600 $90,000 307,200 Number of setups 2 product 12,000 DLHs Number of products Direct labor-hours Activity Meas ure Machining Number of setups Number of products Product Y Product z 8,600 1,400 50 210 1 Direct labor-hours 8,600 3,400 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z? (Round your intermediate calculations and final answers to 2 decimal places.) Product Z Product Y General factory cost
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