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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

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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: Activity Cost Pool Machining Machine setups Production design General factory Estimated Overhead Activity Measure Cost Machine-hours $ 231,000 Number of setups $ 180,000 Number of products$ 94,000 Direct labor-hours $ 260,000 Expected Activity 11,000 MHS 300 setups 2 products 10,000 DLHS Product Y 9.000 Product 2,000 Activity Measure Machining Number of setups Number of products Direct labor-hours 9,000 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 Product Z Machine setups cost

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