1 answer

Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product...

Question:

Required information Greenwood Company manufactures two products-14,000 units of Product Y and 6,000 units of Product Z. The

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: Activity Cost Pool Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labor-hours Estimated Overhead Cost $ 195,000 $ 67,500 $ 79,000 $ 245,000 Expected Activity 10,000 MHs 150 setups 2 products 10,000 DLHs Product Z 2,500 Activity Measure Machining Number of setups Number of products Direct labor-hours Product Y 7,500 50 1 7,500 100 1 2,500 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 Y Product Z Product design cost

Answers

14
Product design cost is allocated equally among 2 products as expected activity driver is 2.
Product design cost is allocated in equal proportions to both Product Y and Product Z
Product Y Product Z
Product design cost 50% 50%
.

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