URGENT!! 13 part problemround to two decimal places ...

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Accounting

URGENT!! 13 part problem
round to two decimal places
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Required Information Foundational (Algo) (L04-1, LO4-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7000 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 Estimated Activity Measure Overhead Cost Machine-hours $ 231,000 Number of setups $ 180,000 Number of producto $ 94,000 Direct labor-hours $ 260,000 Ixpected Activity 11,000 MIS 300 setups 2 products 10,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product 9,000 2,000 60 240 1 1 9,000 1,000 Foundational 4-1 (Algo) Required: 1. What is the company's plantwide overhead rate? (Round your answer to 2 decimal places.) Prartwide overhead rate per DLH Required information Foundational (Algo) (L04-1, L04-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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: Estimated Activity Manure overhead cont Expected Activity Machine-hours $ 231,000 11,000 M Number of setups $ 180,000 300 setup Number of products $ 94,000 2 products Direct labor-hour $ 260,000 10,000 DIS Activity Cost Pool Machining Machine setupa Production design General factory Activity More Machining Number of setup Number of products Direct labor-hours Product Y Product 9,000 2,000 60 240 1 1 9.000 1,000 ces Foundational 4-2 (Algo) 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.) Product Y Product Z Manufacturing overhead allocated O Required information Foundational (Algo) (LO4-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7000 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: Entimated Activity Cont Pool Activity Manure Overhead cost Expected Activity Machining Machine-hours $ 231,000 11,000 MH Machine setups Number of setups $ 180,000 300 setups Production design Number of products $ 94,000 2 products General factory Direct labor-hours $ 260,000 10.000 DLA Activity Measure Machining Number of setups Number of products Direct labor-hours Product Product z 9,000 2,000 60 2 9,000 1,000 240 Foundational 4-3 (Algo) 3. What is the activity rate for the Machining activity cost pool? (Round your answer to 2 decimal places.) Activity rate per MH Required information Foundational (Algo) (L04-1, L04-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7000 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: Estimated Activity Menu Overhead cont Expected Activity Machine-hours $ 231,000 11,000 MB Number of setup $ 180,000 300 stupe Number of products $ 94,000 2 products Direct labor-hours $ 260,000 10,000 DE Activity Cont Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setups number of products Direct laber-hours Product Product 9,000 2,000 60 240 1 1 9.000 1,000 Foundational 4.4 (Algo) 4. What is the activity rate for the Machine Setups activity cost pool? Activity rate per setup 0 Required information Foundational (Algo) (L04-1, L04-2, L04-3, L04-4) Greenwood Company manufactures two products -15,000 units of Product Y and 7,000 units of Product Z The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activity-based casting (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 Cont Pool Machining Machine setups Production design General factory Estiated Activity Mature overhead cont Expected Activity Machine-hours $ 231,000 11,000 MAS Number of setup $ 180,000 300 setups Number of products $ 94,000 2 products Direct labor-hours $ 260,000 10,000 DLRS Activity Measure Machining amber of setups Namber of products Direct labor-bours Product Y Products 9.000 2.000 60 240 1 1 9,000 1,000 ces Foundational 4-5 (Algo) 5. What is the activity rate for the Product Design activity cost pool? Alyt per product Required information Foundational (Algo) (L04-1, L04-2, L04-3, LO4-4) Greenwood Company manufactures two products--15,000 units of Product Y and 7,000 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 Cont Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Intimated overbend cont Expected Activity $ 231,000 11,000 MAS $ 160,000 300 setups $ 94,000 2 products $ 260,000 10,000 DLHS Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product 9,000 2,000 240 1 1 9,000 1.000 ces Foundational 4-6 (Algo) 6. What is the activity rate for the General Factory activity cost pool? (Round your answer to 2 decimal places.) Activity rate per DUH Required information Foundational (Algo) (L04-1, LO4-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 Estimated Activity Measure overhead cont Expected Activity Machine-hours $ 231,000 11,000 NRS Number of setupa $ 180,000 300 setups Number of products $ 94,000 2 products Direct labor-hours $ 260,000 10,000 DLES Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product 1 9,000 2,000 60 240 1 1 9,000 1.000 Foundational 4-9 (Algo) 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.) Total manufacturing overhead cost ! Required information Foundational (Algo) (L04-1, LO4-2, LO4-3, LO4-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7000 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 setupa Production design General factory Activity Meanura Machining Number of setups Number of products Direct labor-hours Katimated Activity Meanuro Overhead Cost Expected Motivity Machine-hours $ 231,000 11,000 MHS Number of setups $ 180,000 300 setups Number of products $ 94,000 2 products Direct labor-hours $ 260,000 10,000 DLRES Produet y Product 9,000 2,000 60 240 1 1 9.000 1,000 Foundational 4-10 (Algo) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product 27 (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) To manufacturing overhead com Required information Foundational (Algo) (L04-1, LO4-2, L04-3, L04-4) Greenwood Company manufactures two products=15,000 units of Product Y and 7,000 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 setup Production design General factory Estimated Activity Measure overhead Cost Expected Activity Machine-hours $ 231,000 11,000 MS Number of setups $ 180,000 300 setup Number of products $ 94,000 2 products Direct labor-hours $ 260,000 10,000 Ls Activity Man Machining Number of setup Number of products Direct laber-hours Product Product 9.000 2,000 60 246 1 1 9,000 1,000 Foundational 4-11 (Algo) 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.) Products Product Total Overhead cost Required information Foundational (Algo) (L04-1, LO4-2, L04-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 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 setup Production design General factory Ent.loated Activity Man Overhead cont Expected Activity Machine-hours $ 231,000 11,000 Mile Number of setups $100,000 300 setups Number of products $ 94,000 2 products Direct labor-hours 260,000 10,000 DLRS Metivity Mensure Machining Number of setups Number of products Direct labor-hour Product Y Product 9,000 2,000 60 240 1 1 9.000 1,000 Foundational 4-12 (Algo) 12. Using the ABC system, what percentage of the Mochining costs is assigned to Product Y and Product Z? (Round your Intermediate calculations to 2 decimal places. Round your answers to 2 decimal places.) Product Product Z Machining COM 0 Required information Foundational (Algo) (L04-1, L04-2, L04-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7000 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. Estimated Activity Cont Pool Activity measure overhead Cost Expected Activity Machining Machine-hours $ 231,000 11,000 MTS Machine stops Number of setup $180,000 300 setups Production design Number of products $ 94,000 2 products General factory Direct labor-hours $ 260,000 10,000 LBS Activity Measure Machining Number of setape Number of products Direct labor-hours Product Product ? 9,000 2,000 60 240 1 1 9.000 1.000 Foundational 4-13 (Algo) 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.) Product Product Machine stupe cout Required information Foundational (Algo) (L04-1, LO4-2, L04-3, L04-4) Greenwood Company manufactures two products -15,000 units of Product Y and 7,000 units of Product Z. The company uses a plontwide 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 Cont Pool Machining Machine setup Production design General factory Tatiated Activity Manure overhead coat xpected Activity Machine-hours $ 231,000 11,000 MIT Number of setupa $ 180,000 300 setup Number of products $ 94,000 2 products Direct labor-hours $ 260,000 10,000 DLR Activity Measure Machining Number ot setup Number of products Direct labor-hours Product Y Product 9,000 2.000 60 240 1 1 9.000 1,000 Foundational 4-14 (Algo) 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.) Product Product Product design con O Required information Foundational (Algo) (LO4-1, LO4-2, LO4-3, L04-4) Greenwood Company manufactures two products-15,000 units of Product Y and 7000 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: Estimated Activity Measure Overhead Coat Expected Activity Machine-hours $ 231,000 11,000 MB Number of setup $ 180,000 300 setup Number of products $ 94,000 2 products Direct labor-hours $ 260,000 10,000 LHS Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machining Number of setup Number of products Direct labor-hours Product Product 9.000 2,000 60 240 1 1 9.000 1,000 Foundational 4-15 (Algo) 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.) Product Product 2 General factory out

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