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Required information Foundational (Algo) [LO4-1, L04-2, 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: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups Number of products Direct labor-hours Activity Measure Machine-hours Number of setups. Number of products Direct labor-hours. Estimated Overhead Cost $ 198,000 $ 86,400 $ 82,000 $ 248,000 Product Y Product Z 7,800 2,200 130 50 1 1 7,800 2,200 Expected Activity 10,000 MHS 180 setups 2 products 10,000 DLHS

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3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Required information Foundational (Algo) [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 manufocturing overhead to four cost pools. The following additional information is available for the company as a whole and for Products Y and Z : Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) 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.) 7. Which of the four activities is a batch-level activity? Machining activity General factory activity Product design activity Machine setups activity 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.) 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.) 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.) 2. Using the plantwide overhead rate, how much manufacturing overhead cost is allocated to Product Y and Product Z ? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) 4. What is the activity rate for the Machine Setups activity cost pool? 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y ? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) 11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z ? (Round your intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) 8. Which of the four activities is a product-level activity? Machine setups activity General factory activity Product design activity Machining activity 5. What is the activity rate for the Product Design activity cost pool

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