! Required information Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Activity Measure Overhead Cost Machine-hours $ 213,400 Number of setups $ 61,600 Number of products $ 78,000 Direct labor-hours $ 244,000 Expected Activity 11,000 MHS 140 setups 2 products 10,000 DLHS Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product 2 7,400 3,600 60 80 1 1 7,400 2,600 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Y 65.00% Product z 35.001% Total overhead cost Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Machining Machine setups Production design General factory Estimated Activity Measure Overhead Cost Machine-hours $ 213,400 Number of setups $ 61,600 Number of products $ 78,000 Direct labor-hours $ 244,000 Expected Activity 11,000 MHS 140 setups 2 products 10,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,400 60 1 7,400 Product 2 3,600 80 1 2,600 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y And Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Answer is complete but not entirely correct. Product Y Product z Machining cost 67.00 % 33.00 Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Activity Measure Overhead cost Machine-hours $ 213,400 Number of setups $ 61,600 Number of products $ 78,000 Direct labor-hours $ 244,000 Expected Activity 11,000 MHS 140 setups 2 products 10,000 DLHs Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,400 60 1 7,400 Product 2 3,600 80 1 2,600 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.) Answer is complete but not entirely correct. Product Y Product z Machine setups cost 43.00 % 57.00 X % Required information Greenwood Company manufactures two products15,000 units of Product Y and 7,000 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 Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 213,400 $ 61,600 $ 78,000 $ 244,000 Expected Activity 11,000 MHs 140 setups 2 products 10,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product y Product z 7,400 3,600 60 80 1 1 7,400 2,600 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 Y Product z General factory cost % %