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Required information Foundational (Static) [LO4-1, LO4-2, LO4-3, LO4-4] 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 : Foundational 4-8 (Static) 8. Which of the four activities is a product-level activity? Product design activity Machine setups activity Machining activity General factory activity 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y ? 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z ? 12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z ? \begin{tabular}{|l|l||l|l|} \hline & \multicolumn{1}{|c|}{ Product Y} & \multicolumn{2}{c|}{ Product Z} \\ \hline Machining cost & % & % \\ \hline \end{tabular} 13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z ? \begin{tabular}{|l|l|l|l|} \hline & \multicolumn{1}{|c|}{ Product Y} & \multicolumn{1}{c|}{ Product Z } \\ \hline Machine setups cost & & % & % \\ \hline \end{tabular} 14. Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z ? 15. Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z ? \begin{tabular}{|l|c|c|c|} \hline & \multicolumn{1}{|c|}{ Product Y} & \multicolumn{2}{c|}{ Product Z} \\ \hline General factory cost & & % & % \\ \hline \end{tabular}