Greenwood Company Manufactures Assignment
 Top Universities   1. Utilizing the ABC system, how a lot whole manufacturing overhead value can be assigned to Product Z? (Spherical your intermediate calculations to 2 decimal locations. Spherical your solutions to the closest greenback quantity.) Complete manufacturing overhead value:________ 2. Utilizing the plantwide overhead price, what share of the whole overhead value is allotted to Product Y and Product Z? (Spherical your intermediate calculations to 2 decimal locations. Spherical your solutions to 2 decimal locations.) Complete overhead value: Product Y________ % / Product Z_________% three. Utilizing the ABC system, what share of the Machining prices is assigned to Product Y and Product Z? (Spherical your intermediate calculations to 2 decimal locations. Spherical your solutions to 2 decimal locations.) Machining value: Product Y________% / Product Z_________% four. Utilizing the ABC system, what share of Machine Setups value is assigned to Product Y and Product Z? (Spherical your intermediate calculations to 2 decimal locations. Spherical your solutions to 2 decimal locations.) Machine setups value: Product Y________% / Product Z_________% 5. Utilizing the ABC system, what share of the Product Design value is assigned to Product Y and Product Z? (Spherical your solutions to 2 decimal locations.) Product design value: Product Y________% / Product Z_________% 6. Utilizing the ABC system, what share of the Normal Manufacturing unit value is assigned to Product Y and Product Z? (Spherical your intermediate calculations and closing solutions to 2 decimal locations.) Normal manufacturing unit value: Product Y________% / Product Z_________% BRRRRRRRRRRRRRRRR Required data Greenwood Firm manufactures two merchandise—15,000 items of Product Y and seven,000 items of Product Z. The corporate makes use of a plantwide overhead price primarily based on direct labor-hours. It's contemplating implementing an activity-based costing (ABC) system that allocates all of its manufacturing overhead to 4 value swimming pools. The next further data is on the market for the corporate as an entire and for Merchandise Y and Z: Exercise Price Pool Machining Machine setups Manufacturing design Normal manufacturing unit Exercise Measure Machine-hours Variety of setups Variety of merchandise Direct labor-hours Estimated Overhead Price $ 216,700 $ 79,900 $ 81,000 $ 247,000 Anticipated Exercise 11,000 MHS 170 setups 2 merchandise 10,000 DLHS Exercise Measure Machining Variety of setups Variety of merchandise Direct labor-hours Product Y 7,700 60 Product z three,300 110 7,700 2,300. .