Greenwood Company manufactures two products—15,000 units ofProduct Y and 7,000 units of Product Z. The company uses aplantwide overhead rate based on direct labor-hours. It isconsidering implementing an activity-based costing (ABC) systemthat allocates all of its manufacturing overhead to four costpools. The following additional information is available for thecompany as a whole and for Products Y and Z:

  

Activity CostPool	ActivityMeasure	Estimated Overhead Cost		Expected Activity
Machining	Machine-hours	$	227,700	11,000	MHs
Machine setups	Number ofsetups	$	153,900	270	setups
Production design	Number ofproducts	$	91,000	2	products
General factory	Directlabor-hours	$	257,000	10,000	DLHs

  

ActivityMeasure	Product Y	Product Z
Machining	7,700	3,300
Number of setups	60	210
Number of products	1	1
Direct labor-hours	8,700	1,300

1.	What is the company’s plantwide overhead rate? (Roundyour answer to 2 decimal places.)
2.	Using the plantwide overhead rate, how much manufacturingoverhead cost is allocated to Product Y and Product Z? (Round yourintermediate calculations to 2 decimal places and final answers tothe nearest dollar amount.)
3.	What is the activity rate for the Machining activity cost pool?(Round your answer to 2 decimal places.)
4.	What is the activity rate for the Machine Setups activity costpool? (Round your answer to 2 decimal places.)
5.	What is the activity rate for the Product Design activity costpool? (Round your answer to 2 decimal places.)
6.	What is the activity rate for the General Factory activity costpool? (Round your answer to 2 decimal places.)
7.	Which of the four activities is a batch-level activity?
	Machining activity General factory activity Product design activity Machine setups activity
8.	Which of the four activities is a product-level activity?
	General factory activity Product design activity Machine setups activity Machining activity
9.	Using the ABC system, how much total manufacturing overhead costwould be assigned to Product Y? (Round your intermediatecalculations to 2 decimal places and final answer to the nearestdollar amount.)
10.	Using the ABC system, how much total manufacturing overhead costwould be assigned to Product Z? (Round your intermediatecalculations to 2 decimal places and final answer to the nearestdollar amount.)
11.	Using the plantwide overhead rate, what percentage of the totaloverhead cost is allocated to Product Y and Product Z? (Round youranswers to 2 decimal places.)
12.	Using the ABC system, what percentage of the Machining costs isassigned to Product Y and Product Z? (Round your answers to 2decimal places.)
13.	Using the ABC system, what percentage of Machine Setups cost isassigned to Product Y and Product Z? (Round your answers to2 decimal places.)
14.	Using the ABC system, what percentage of the Product Design costis assigned to Product Y and Product Z? (Round your answers to 2decimal places.)
15.	Using the ABC system, what percentage of the General Factorycost is assigned to Product Y and Product Z? (Round your answers to2 decimal places.)