Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] Greenwood Company manufactures two products-15,000 units of...
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Required information Foundational (Algo) [LO4-1, LO4-2, LO4-3, LO4-4] 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: Estimated Activity Cost Pool Activity Measure Overhead Cost Expected Activity Machining Machine-hours $ 216, 700 11, 000 MHs Machine setups Number of setups $ 79, 900 170 setups Production design Number of products $ 81, 000 2 products General factory Direct labor-hours $ 247., 000 10, 000 DLHs Activity Measure Product Y Product Z Machining 7, 700 3, 300 Number of setups 60 110 Number of products 1 1 Direct labor-hours 7, 700 2, 300 Foundational 4-15 (Algo) Pro
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