What is the companys plantwide overhead rate?

Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z?

What is the activity rate for the Machining activity cost pool?

What is the activity rate for the Machine Setups activity cost pool?

What is the activity rate for the Product Design activity cost pool?

What is the activity rate for the General Factory activity cost pool?

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y?

Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z?

! Required information Foundational (LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products13,000 units of Product Y and 5,000 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 $ 249,600 $ 162,400 $ 92,000 $ 309,600 Expected Activity 12,000 MHs 280 setups 2 products 12,000 DLHs Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 8,800 40 1 8,800 Product z 3,200 240 1 3,200