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Business, 22.11.2019 04:31 Sillydork4545

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 fixed overhead in the numerator and 50,000 direct labor-hours in the denominator. the company purchased (with cash) and used 31,000 yards of raw materials at a cost of $9.90 per yard. its direct laborers worked 20,050 hours and were paid a total of $290,100. the company started and completed 8,200 units of finished goods during the period. bowen's standard cost card for its only product is as follows:

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