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Greenwood Company manufacturers 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 s whole and for products Y and Z: Machining. Machine-hours. $198,000. 10,000MHs Machine setups. Number of setups. $86,400. 180 setups Production design. Number of Products. $82,000. 2 products General factory. Direct labor-hours. $248,000. 10,000 DLHs Activity measure. Product Y. Product Z Machining. 7,800. 2,200 Number of setups. 50. 130 Number of Products. 1. 1 Direct labor-hours. 7,800. 2,200.
Using the plantwide overhead rate, what percentage of the total overhead cost is allocated to Product Y and Product Z?

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