Greenwood Company manufactures two products 13,000 units of Product Y and 5,000 units of Product...
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Accounting
Greenwood Company manufactures two products 13,000 units of Product Y and 5,000 units of Product Z. The company uses a plantwide overhead rate based on direct labor-hours. It is considering implementing an activitybased 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 : Required: 1. What is the company's plantwide overhead rate? (Round your answer to intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) 9. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y? (Round your intermediate calculations to 2 decimal places. Round your answers to the nearest dollar amount.) 10. Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z? (Round your intern calculations to 2 decimal places. Round your answers to the nearest dollar amount.)
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