Greenwood Company manufactures two products units of Product and units of Product The company uses a plantwide overhead rate based on direct laborhours. 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 and :
tableActivity Cost Pool,Activity Measure,tableEstimatedOverhead CostExpected ActivityMachiningMachinehours,$ MHsMachine setups,Number of setups,$ setupsProduction design,Number of products,$ productsGeneral factory,Direct laborhours,$ DLHs
tableActivity Measure,Product YProduct ZMachiningNumber of setups,Number of products,Direct laborhours,
Foundational Algo
What is the activity rate for the Machining activity cost pool? Round your answer to decimal places.
Activity rate
per
