Chapter 4 xtoook Slu orChc.cOT Requ rea oma Saved Required information Foundational (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 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 Expected Activity 10,000 MHa 200 setups 2 products 12,000 DLHS Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Cost $200,000 $100,000 $ 4, 000 300,000 Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y Product z 8,000 2,000 160 40 1 9,000 1 3,000 Foundational 4-12 2. Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z? Product Y Product Z Machining cost % % of 15 Next>