Cary Company manufactures two models of industrial componentsa Standard model and an Advanced Model. It has provided the following information with respect to these two products:

Standard Advanced Number of units produced and sold 20,000 10,000 Selling price per unit $ 150 $ 200 Direct materials per unit $ 40 $ 60 Direct labor cost per unit $ 30 $ 30 Direct labor-hours per unit 1.50 1.50

The company considers all of its manufacturing overhead costs ($1,346,250) to be fixed and it uses plantwide manufacturing overhead

cost allocation based on direct labor-hours.

Click here to download the Excel template, which you will use to answer the questions that follow.

Click here for a a brief tutorial on Charts in Excel

Required information [The following information applies to the questions displayed below.] Cary Company manufactures two models of industrial components-a Standard model and an Advanced Model. It has provided the following information with respect to these two products: The company considers all of its manufacturing overhead costs ($1,346,250) to be fixed and it uses plantwide manufacturing overhead cost allocation based on direct labor-hours. Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a a brief tutorial on Charts in Excel. 40. Wnat percent or each or the rour activities is allocated to the standara model! I he Advanced model! 4c. Using Charts, create a 100\% stacked bar chart that shows the percent of each activity's total cost that is (Hint: This chart should refer to the percentages that you computed in cells B2 through C5.) (Your instructor this file in Part 6). Which of the following statements is true with respect to the chart? Complete this question by entering your answers in the tabs below. What percent of each of the four activities is allocated to the Standard model? The Advanced model? 40. What percent of each or the tour activities is allocated to the standara model! I he Advanced model! 4c. Using Charts, create a 100% stacked bar chart that shows the percent of each activity's total cost that is allo (Hint: This chart should refer to the percentages that you computed in cells B2 through C5.) (Your instructor ma this file in Part 6). Which of the following statements is true with respect to the chart? Complete this question by entering your answers in the tabs below. Using Charts, create a 100% stacked bar chart that shows the percent of each activity's total cost that is allocated to product. (Hint: This chart should refer to the percentages that you computed in cells B2 through C5.) Which of the fo statements is true with respect to the chart? The Assemble and Pack cost allocation percentages match the overhead cost allocation percentages using the plantwide approach. The Machining cost allocation percentages match the overhead cost allocation percentages using the plantwide lapproach. The Order Processing cost allocation percentages match the overhead cost allocation percentages using the plantwide approach. The Setups cost allocation percentages match the overhead cost allocation percentages using the plantwide lapproach. 5c. Using Charts, create a bar chart that includes the following design elements: (1) it will include two bars pertaining model followed by two bars pertaining to the Advanced model, (2) the first bar for each model will quantify the mode manufacturing overhead cost according to the plantwide approach, whereas each model's second bar will quantify manufacturing overhead cost according to the activity-based approach. (Your instructor may require you to upload t th 5d. Based on your completed bar chart, which model is overcosted using the plantwide approach? Which model is Complete this question by entering your answers in the tabs below. How much overhead is allocated to the Standard and Advanced m'dels using the plantwide approach (cells B2 and C2)? H much overhead is allocated to the Standard and Advanced models using the activity-based approach (cells B3 and C3)? 5b. How much overhead is allocated to the Standard and Advanced models using the plantwide approach much overhead is allocated to the Standard and Advanced models using the activity-based approach (cel 5c. Using Charts, create a bar chart that includes the following design elements: (1) it will include two bars model followed by two bars pertaining to the Advanced model, (2) the first bar for each model will quantify manufacturing overhead cost according to the plantwide approach, whereas each model's second bar will manufacturing overhead cost according to the activity-based approach. (Your instructor may require you to 5d. Based on your completed bar chart, which model is overcosted using the plantwide approach? Which Complete this question by entering your answers in the tabs below. Based on your completed bar chart, which model is overcosted using the plantwide approach? Which model is Required information [The following information applies to the questions displayed below.] Cary Company manufactures two models of industrial components-a Standard model and an Advanced Model. It has provided the following information with respect to these two products: The company considers all of its manufacturing overhead costs ($1,346,250) to be fixed and it uses plantwide manufacturing overhead cost allocation based on direct labor-hours. Click here to download the Excel template, which you will use to answer the questions that follow. Click here for a a brief tutorial on Charts in Excel. 40. Wnat percent or each or the rour activities is allocated to the standara model! I he Advanced model! 4c. Using Charts, create a 100\% stacked bar chart that shows the percent of each activity's total cost that is (Hint: This chart should refer to the percentages that you computed in cells B2 through C5.) (Your instructor this file in Part 6). Which of the following statements is true with respect to the chart? Complete this question by entering your answers in the tabs below. What percent of each of the four activities is allocated to the Standard model? The Advanced model? 40. What percent of each or the tour activities is allocated to the standara model! I he Advanced model! 4c. Using Charts, create a 100% stacked bar chart that shows the percent of each activity's total cost that is allo (Hint: This chart should refer to the percentages that you computed in cells B2 through C5.) (Your instructor ma this file in Part 6). Which of the following statements is true with respect to the chart? Complete this question by entering your answers in the tabs below. Using Charts, create a 100% stacked bar chart that shows the percent of each activity's total cost that is allocated to product. (Hint: This chart should refer to the percentages that you computed in cells B2 through C5.) Which of the fo statements is true with respect to the chart? The Assemble and Pack cost allocation percentages match the overhead cost allocation percentages using the plantwide approach. The Machining cost allocation percentages match the overhead cost allocation percentages using the plantwide lapproach. The Order Processing cost allocation percentages match the overhead cost allocation percentages using the plantwide approach. The Setups cost allocation percentages match the overhead cost allocation percentages using the plantwide lapproach. 5c. Using Charts, create a bar chart that includes the following design elements: (1) it will include two bars pertaining model followed by two bars pertaining to the Advanced model, (2) the first bar for each model will quantify the mode manufacturing overhead cost according to the plantwide approach, whereas each model's second bar will quantify manufacturing overhead cost according to the activity-based approach. (Your instructor may require you to upload t th 5d. Based on your completed bar chart, which model is overcosted using the plantwide approach? Which model is Complete this question by entering your answers in the tabs below. How much overhead is allocated to the Standard and Advanced m'dels using the plantwide approach (cells B2 and C2)? H much overhead is allocated to the Standard and Advanced models using the activity-based approach (cells B3 and C3)? 5b. How much overhead is allocated to the Standard and Advanced models using the plantwide approach much overhead is allocated to the Standard and Advanced models using the activity-based approach (cel 5c. Using Charts, create a bar chart that includes the following design elements: (1) it will include two bars model followed by two bars pertaining to the Advanced model, (2) the first bar for each model will quantify manufacturing overhead cost according to the plantwide approach, whereas each model's second bar will manufacturing overhead cost according to the activity-based approach. (Your instructor may require you to 5d. Based on your completed bar chart, which model is overcosted using the plantwide approach? Which Complete this question by entering your answers in the tabs below. Based on your completed bar chart, which model is overcosted using the plantwide approach? Which model is