Managerial Accounting (15th Edition)

Published by McGraw-Hill Education
ISBN 10: 007802563X
ISBN 13: 978-0-07802-563-1

Chapter 7 - Activity-Based Costing: A Tool to Aid Decision Making - The Foundational 15 - Required - Page 318: 11

Answer

Y: 66.7%; Z: 33.3%

Work Step by Step

Total overhead cost: 684,000 Using the plantwide overhead rate, percentage of the total overhead cost allocated to Product Y: $\frac{456,000}{684,000} \times 100 = 66.7$% Percentage allocated to Product Z: $100 - 66.7 = 33.3$%
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