{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T14:00:10-04:00", "answer_date": "2024-05-26 14:00:10", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1742356", "url": "\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-displayed-1742356", "question_creation_date_js": "2024-05-26T14:00:10-04:00", "question_creation_date": "May 26, 2024 02:00 PM", "meta_title": "[Solved] Required information [The following infor | SolutionInn", "meta_description": "Answer of - Required information [The following information applies to the questions displayed below.] Cary Company manufactures t | SolutionInn", "meta_keywords": "required,information,applies,questions,displayed,below,cary,company,manufactures,two,models,industrial", "question_title_h1": " 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", "question_title": " Required information [The following information applies to the questions displayed below.]", "question_title_for_js_snippet": "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 Number of units produced and sold Selling price per unit Direct materials per unit Direct labor cost per unit Direct labor hours per unit Standard Advanced 20,000 10,000 $ 150 $ 200 $ 40 $ 60 30 1 50 $ 30 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 2a Go to the tab titled Activity Based Approach Within the Activity Rates section of this tab, create formulas that calculate the activity rates in cells G5, G10, G15, and G20 2b What is the activity rate for each of the four activities (Round your answers to 2 decimal places )", "question_description": "\"image\"image", "transcribed_text": "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: Number of units produced and sold Selling price per unit Direct materials per unit Direct labor cost per unit Direct labor-hours per unit Standard Advanced 20,000 10,000 $ 150 $ 200 $ 40 $ 60 30 1.50 $ 30 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. 2a. Go to the tab titled \"Activity Based Approach.\" Within the Activity Rates section of this tab, create formulas that calculate the activity rates in cells G5, G10, G15, and G20. 2b. What is the activity rate for each of the four activities? (Round your answers to 2 decimal places.)", "related_book": { "title": "Managerial Accounting", "isbn": "1260247783, 978-1260247787", "edition": "17th Edition", "authors": "Ray Garrison, Eric Noreen, Peter Brewer", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/628748f0e456a_2089.jpg", "uri": "\/textbooks\/managerial-accounting-17th-edition-9781260247787", "see_more_uri": "\/textbooks\/business-international-accounting-3402" }, "free_related_book": { "isbn": "0525436383", "uri": "\/textbooks\/eaters-of-the-dead-978-0525436386-114388", "name": "Eaters Of The Dead", "edition": "" }, "question_posted": "2024-05-26 14:00:10", "see_more_questions_link": "\/study-help\/questions\/business-management-leadership-2023-June-05", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/johnny-cake-ltd-has-ten-million-shares-of-stock-outstanding", "description": "Johnny Cake Ltd. has ten million shares of stock outstanding selling at $23 per share and an issue of $50 million in 9 percent, annual coupon bonds with a maturity of 17 years, selling at 93.5...", "stars": 3 }, { "url": "\/study-help\/effective-management\/review-the-multistate-health-corporation-case-from-chapter-2--1792547", "description": "Review the Multistate Health Corporation case from Chapter 2 , and answer the following questions: a. 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