Greenwood Company manufactures two products13,000 units of Product Y and 5,000 units of Product Z....
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Accounting
Greenwood Company manufactures two products13,000 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 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
Activity Measure
Estimated Overhead Cost
Expected Activity
Machining
Machine-hours
$
231,600
12,000
MHs
Machine setups
Number of setups
$
55,900
130
setups
Production design
Number of products
$
77,000
2
products
General factory
Direct labor-hours
$
364,500
15,000
DLHs
Activity Measure
Product Y
Product Z
Machining
6,300
5,700
Number of setups
40
90
Number of products
1
1
Direct labor-hours
7,300
7,700
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 and final answer to the nearest dollar amount.) Total manufacturing overhead cost 405,080
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