Could you please provide me the answers for these 5 problem solving…
Question Answered step-by-step Could you please provide me the answers for these 5 problem solving… Could you please provide me the answers for these 5 problem solving questions. Thank you. 1. BFAR Mfg manufactured 5,000 microchips at ?6,000 per unit. The material cost assigned to each unit is ?1,756. Direct labor accounts for 28% of the total manufacturing cost. How much is the manufacturing overhead cost per unit? 2. You were provided with the following data of BFAR Mfg for the month of March: Cost of goods manufactured, ?300,000; Finished Goods Inventory (March 1), ?90,000; Owner, Capital, (March 1), ?134,000; Owner, Capital (March 31), ?236,000; Sales, ?464,000; and Total operating expenses, ?14,000. There were no owner withdrawals or additional investments in March. How much was Finished Goods Inventory on March 31? 3.Image transcription textThe following are some of the account balances of BFAR Mfg, a dress manufacturer for the month.Depreciation – Office Furniture # 20,000 Depreciation – Sewing Machine 45,000 Factory Insurance 18,000Rent (50% for factory floor, 25% for warehouse, 25% for office) 93,000 Salary of dressmakers (b… Show more… Show more 4. The following information appears on the Statement of Profit or Loss of the BFAR Mfg at the end of the year: Beginning finished goods inventory, ?198,000; Ending finished goods inventory, ?163,000; Sales, ?558,000; and Gross profit rate on sales, 35%. How much is cost of goods manufactured? 5. BFAR Mfg ‘s costs for the month of March were as follows: Total manufacturing costs, ?302,000; Total selling expenses, ?52,000; Total administrative expenses, ?36,000; Beginning work in process inventory, ?59,000; and Ending work in process inventory, ?29,000. What was the cost of goods manufactured for March? Accounting Business Cost Accounting ACCOUNTING ACTBFAR Share QuestionEmailCopy link Comments (0)


