Show how to compute cost of goods manufactured. use the following amounts: direct materials used ($ 29 comma 000),direct labor ($ 19 comma 000),manufacturing overhead ($ 28 comma 000),beginning work in process inventory ($ 3 comma 000),and ending work in process inventory ($ 9 comma 000).2.boston autospent $ 140million in total to produce 10 comma 000cars this year. the $ 140million breaks down as follows: the company spent $ 10million on fixed costs to run its manufacturing plants and $ 13 comma 000of variable costs to produce each car. next year, it plans to produce 30 comma 000cars using the existing production facilities. a.what is the current average cost per car this year? b. assuming there is no change in fixed costs or variable costs per unit, what is the total forecasted cost to produce 30 comma 000cars next year? c. what is the forecasted average cost per car next year? d. why does the average cost per car vary between years?

Xyz corporation has provided the following data concerning manufacturing overhead for july: actual manufacturing overhead incurred $ 69,000 manufacturing overhead applied to work in process $ 79,000 the company's cost of goods sold was $243,000 prior to closing out its manufacturing overhead account. the company closes out its manufacturing overhead account to cost of goods sold. which of the following statements is true? multiple choice manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000 manufacturing overhead was underapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $253,000 manufacturing overhead was overapplied by $10,000; cost of goods sold after closing out the manufacturing overhead account is $233,000

Wyman corporation uses a process costing system. the company manufactured certain goods at a cost of $920 and sold them on credit to percy corporation for $1,315. the complete journal entry to be made by wyman at the time of this sale is:

Leading guitar string producer wound up inc. has enjoyed a competitive advantage based on its proprietary coating that gives its strings a clearer sound and longer lifespan than uncoated strings. one of wound up's competitors, however, has recently developed a similar coating using less expensive ingredients, which allows it to charge a lower price than wound up for similar-quality strings. wound up's competitive advantage is in danger due to a. a lack of perceived value b. a lack of organization c. direct imitation and substitution d. resource immobility