Greenwood Company manufactures two products-15,000 units of Product Y and 7,000 units of Product Z. The...

  

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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 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 $ 221,100 $ 107,100 Product Y Product Z 8,100 50 2,900 160 1 8,100 1,900 $ 85,000 $ 251,000 Expected Activity 11,000 MHs 210 setups 2 products 10,000 DLHS D 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.) 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 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 $ 221,100 $ 107,100 Product Y Product Z 8,100 50 2,900 160 1 8,100 1,900 $ 85,000 $ 251,000 Expected Activity 11,000 MHs 210 setups 2 products 10,000 DLHS D 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.)