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What is the activity rate for the general factory activity

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Reference no: EM132476387

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 PoolActivity MeasureEstimated Overhead

                                                                     Cost Expected           Activity Machining

Machine-hours                                              $209,000                      10,000

MHsMachine setupsNumber of setups                 $171,100                        290

setupsProduction designNumber of products         $93,000                           2

productsGeneral factoryDirect labor-hours           $259,000                        10,000

DLHs Activity MeasureProduct YProduct ZMachining 8,900                           1,100

Number of setups                                               50                                240

Number of products                                              1                                    1

Direct labor-hours                                            8,900                                1,100

Question 1: What is the activity rate for the Product Design activity cost pool?

Question 2: What is the activity rate for the General Factory activity cost pool?

Question 3: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Y?

Question 4: Using the ABC system, how much total manufacturing overhead cost would be assigned to Product Z?

Question 5: Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z?

Question 6: Using the ABC system, what percentage of the Machining costs is assigned to Product Y and Product Z?

Question 7: Using the ABC system, what percentage of Machine Setups cost is assigned to Product Y and Product Z?

Question 8: Using the ABC system, what percentage of the Product Design cost is assigned to Product Y and Product Z?

Question 9: Using the ABC system, what percentage of the General Factory cost is assigned to Product Y and Product Z?

Reference no: EM132476387

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