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# Greenwood Company manufactures two productsâ13,000 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

 Greenwood Company manufactures two productsâ13,000 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 Activity Measure Estimated Overhead Cost Expected Activity Machining Machine-hours \$ 228,000 12,000 MHs Machine setups Number of setups \$ 40,000 100 setups Production design Number of products \$ 74,000 2 products General factory Direct labor-hours \$ 288,000 12,000 DLHs

 Activity Measure Product Y Product Z Machining 6,000 6,000 Number of setups 40 60 Number of products 1 1 Direct labor-hours 7,000 5,000

1.

 Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

2.

 Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places and final answer to the nearest dollar amount.)

3.

 Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z? (Round your answers to 2 decimal places.) Total Overhead Cost Product Y=______% Product Z=______%

Jun 21 2021 View more View Less