{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-05-26T17:04:09-04:00", "answer_date": "2024-05-26 17:04:09", "is_docs_available": "", "is_excel_available": "", "is_pdf_available": "", "count_file_available": 0, "main_page": "student_question_view", "question_id": "1750053", "url": "\/study-help\/questions\/required-information-the-following-information-applies-to-the-questions-displayed-1750053", "question_creation_date_js": "2024-05-26T17:04:09-04:00", "question_creation_date": "May 26, 2024 05:04 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] Hickory Company manufactures | SolutionInn", "meta_keywords": "required,information,applies,questions,displayed,below,hickory,company,manufactures,two,products-14,000,units", "question_title_h1": " Required Information [The following information applies to the questions displayed below] Hickory Company manufactures two products-14,000 units of Product Y and 6,000 units of", "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 Hickory Company manufactures 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 labour 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 a whole and for Products Y and Z Machining Machine setups Production design General factory Activity Measure Machine hours Number of setups Number of products Direct labour hours Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Expected Activity 10,000 MH 208 setups 2 products 12,000 DLHS Activity Measure Machine hours Number of setups Number of products Direct labour hours Product Y 7,000 50 Product 2 3,000 158 1 1 8,000 4,000 Required What is the company's plantwide overhead rate Predetermined overhead rate 34 20 per DLH", "question_description": "\"image", "transcribed_text": "Required Information [The following information applies to the questions displayed below] Hickory Company manufactures 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 labour-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 a whole and for Products Y and Z Machining Machine setups Production design General factory Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Estimated Overhead Cost $200,000 $100,000 $ 84,000 $300,000 Expected Activity 10,000 MH 208 setups 2 products 12,000 DLHS Activity Measure Machine-hours Number of setups Number of products Direct labour-hours Product Y 7,000 50 Product 2 3,000 158 1 1 8,000 4,000 Required: What is the company's plantwide overhead rate? Predetermined overhead rate 34.20 per DLH", "related_book": { "title": "Financial accounting", "isbn": "9781119153726, 978-1118285909", "edition": "IFRS Edition", "authors": "Jerry J. Weygandt, Donald E. Kieso, Paul D. Kimmel", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/245.jpg", "uri": "\/textbooks\/financial-accounting-ifrs-edition-245", "see_more_uri": "" }, "free_related_book": { "isbn": "3845479833", "uri": "\/textbooks\/population-change-and-socio-economic-development-an-empirical-study-1st-edition-978-3845479835-122085", "name": "Population Change And Socio Economic Development An Empirical Study", "edition": "1st Edition" }, "question_posted": "2024-05-26 17:04:09", "see_more_questions_link": "\/study-help\/questions\/business-banking-2021-September-12", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/study-help\/questions\/should-courts-ever-enforce-illegal-contracts-if-illegal-contracts-are-701783", "description": "Should courts ever enforce illegal contracts? If illegal contracts are void as a matter of law, what is the court enforcing? 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