Greenwood Company manufactures two products—15,000 units of Product Y and 7,000 units of Produc… 1 answer below »

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: 0,66 points 11. 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. Product Y Product Total overhead cost References eBook & Resources eBook: Compute oduct costs usin based Costin eBook: Understand the basic a roach in activ based Costin and how drters from conve Required Information hours. consklering Implementing an acuvity-based costing (ABC) system that allocates all of its manufactunng overhead to four cost pools. The following addrtional Information available for the company as a whole and for Products Y and Z Stimated Activity Cost Pool Activity Measure Expected ActMity s 210100 ,000 MHs Machining Machine-hours 45.100 Machine setups Number of setups 110 setups 75.000 Producuon design Number of products 2 products 241.000 10.000 DLHs General factory rect labol -hours Product Y Activity Measure Product Z 4.900 Machining Number of setups Number of products 2,900 7100 Direct labor-hours

 

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