Question: I have been able to solve all except #4 and have double checked my formula with no success. 4. When applying xed manufacturing overhead to
I have been able to solve all except #4 and have double checked my formula with no success.


4. When applying xed manufacturing overhead to production, the Work in Process inventory will increase (decrease) by how much? 5. When transferring manufacturing costs from Work in Process to Finished Goods, the Finished Goods inventory will increase (decrease) by how much? 6 Answer is complete but not entirely correct. The raw materials will increase 0 1 092 000 o The cash will decrease 0 $ 655,200 0 The raw materials will decrease 0 i 092 000 o The work in process will increase 0 $ 955,500 0 The work in process will increase 0 $ 602,000 0 The cash will decrease 0 $ 291,900 0 The work in process will increase 0 $ 419,000 9 The iinished goods will increase 0 Z 417 500 o Bowen Company manufactures one product, it does not maintain any beginning or ending inventories. and its uses a standard cost system. Its predetermined overhead rate includes $1,000,000 of xed overhead in the numerator and 50,000 direct labor-hours in the denominator. The company purchased (with cash) and used 56.000 yards of raw materials at a cost of $11.70 per yard. Its direct laborers worked 20,950 hours and were paid a total of $291,900. The company started and completed 10,000 units of nished goods during the period. Bowen's standard cost card for its only product is as follows: (1) (2) Standard Standard Standard Quantity or Price Cost Inputs Hours or Rate (1) x (2) Direct materials 4.9 yards $19.50 per yard $ 95.55 Direct labor 4.3 hours $14.00 per hour 60.20 Fixed manufacturing overhead 4.3 hours $20.00 per hour 86.00 $241.75 Total standard cost per unit
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