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Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 avallable for the company as a whole and for Products Y and Z : Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermed calculations to 2 decimal places. Round your answers to the nearest dollar amount.) Answer is complete but not entirely correct. Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products 15,000 units of Product Y and 7,000 units of Product Z. The comp 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. Foundational 4-11 (Algo) 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z ? (Rour your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 Foundational 4-12 (Algo) 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.) Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 Foundational 4-13 (Algo) 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.) Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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 Foundational 4-14 (Algo) 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z ? (Round your answers to 2 decimal places.) Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products 15,000 units of Pioduct 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 avallable for the company as a whole and for Products Y and Z Foundational 4-15 (Algo) 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.)
