10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z?

12. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?

11. Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z?

13. Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z?

Required information 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: Estimated Overhead Cost $ 200,000 100,000 Expected Activity Activity Cost Pool Machining Machine setups Production desiqn General factory Activity Measure Machine-hours Number of setups Number of products$84,000 Direct labor-hours 300,000 12,000 DLHs 10,000 MHs 200 setups 2 products Product z Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Pr 8,000 40 2,000 160 9,000 3,000