{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-29T05:08:44-04:00", "answer_date": "2024-05-29 05:08:44", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1877141", "url": "\/study-help\/questions\/grady-inc-manufactures-model-airplane-kits-direct-materials-are-4-1877141", "question_creation_date_js": "2024-05-29T05:08:44-04:00", "question_creation_date": "May 29, 2024 05:08 AM", "meta_title": "[Solved] Grady, Inc. manufactures model airplane k | SolutionInn", "meta_description": "Answer of - Grady, Inc. manufactures model airplane kits. Direct materials are 4 ounces of plastic per kit and the plastic costs $ | SolutionInn", "meta_keywords": "grady,inc,manufactures,model,airplane,kits,direct,materials,4,ounces,plastic,per", "question_title_h1": " Grady, Inc. manufactures model airplane kits. Direct materials are 4 ounces of plastic per kit and the plastic costs $1 per ounce. Indirect materials", "question_title": " Grady, Inc. manufactures model airplane kits. Direct materials are 4 ounces", "question_title_for_js_snippet": "Grady, Inc manufactures model airplane kits Direct materials are 4 ounces of plastic per kit and the plastic costs $1 per ounce Indirect materials are considered insignificant and are not included in the budgeting prooiss Each kit requires 0 10 hours of direct labor at an average cost of $10 per hour Manufacturing overhead is allocated using direct labor hours as the allocation base The company has prepared the following budgets Click the icon to view the budgets) Grady projects sales of 100, 150, 100, and 200 kits for the next four quarters Grady has no kits in beginning inventory Determine the cost per kit to manufacture the model airplane kits Prepare a cost of goods sold budget for the year Round amounts to two decimal places Determine the cost per kit to manufacture the model airplane kits (Round your answers to two decimal places, SXXXX) Total projected manufacturing cost per kit Prepare a cost of goods sold budget for the year (Complete all input folds Enter for zero balances) Grady, Inc Cost of Goods Sold Budget", "question_description": "\"image\"image\"image\"image\"image", "transcribed_text": "Grady, Inc. manufactures model airplane kits. Direct materials are 4 ounces of plastic per kit and the plastic costs $1 per ounce. Indirect materials are considered insignificant and are not included in the budgeting prooiss. Each kit requires 0.10 hours of direct labor at an average cost of $10 per hour. Manufacturing overhead is allocated using direct labor hours as the allocation base. The company has prepared the following budgets Click the icon to view the budgets) Grady projects sales of 100, 150, 100, and 200 kits for the next four quarters. Grady has no kits in beginning inventory. Determine the cost per kit to manufacture the model airplane kits. Prepare a cost of goods sold budget for the year Round amounts to two decimal places Determine the cost per kit to manufacture the model airplane kits (Round your answers to two decimal places, SXXXX) Total projected manufacturing cost per kit Prepare a cost of goods sold budget for the year. (Complete all input folds Enter for zero balances) Grady, Inc. Cost of Goods Sold Budget", "related_book": { "title": "Survey of Accounting", "isbn": "978-113318912, 1133189121, 978-1133189121", "edition": "6th edition", "authors": "Carl S Warren", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/275.jpg", "uri": "\/textbooks\/survey-of-accounting-6th-edition-275", "see_more_uri": "" }, "free_related_book": { "isbn": "9386551942", "uri": "\/textbooks\/data-structure-and-algorithm-implementation-through-c-1st-edition-978-9386551948-249303", "name": "Data Structure And Algorithm Implementation Through C", "edition": "1st Edition" }, "question_posted": "2024-05-29 05:08:44", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/transform-the-following-product-by-making-the-change-of-variable-525074", "description": "Transform the following product by making the change of variable i = k + 1. k So when k and K +2 When k = 1, then i = n k II k +2 k = 1 = n+ 1 II i = 2 are expressed in terms of i, the results are k...", "stars": 0 }, { "url": "\/air-at-20c-flows-at-1-ms-between-two-parallel", "description": "Air at 20?C flows at 1 m\/s between two parallel flat plates spaced 5 cm apart. 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