The Work in Process Inventory account for DG Manufacturing follows. Compute the cost of jobs completed and transferred to Finished Goods Inventory.

Work in Process Inventory
DR CR
Beginning balance 5,600
Direct materials 48,200
Direct labor 30,700 ? Finished goods
Applied overhead 16,900
Ending balance 11,100

The cost of units transferred to finished goods is:

a. $101,400.
b. $99,600.
c. $112,500.
d. $95,800.
e. $90,300.

Explanation:

Beg balance Work in Process Inventory 5,600

Add: Direct materials 48,200

Add: Direct labor 30,700

Add: Overhead 16,900

Less: Ending balance Work in Process Inventory 11,100

The cost of units transferred to finished goods 90,300

you will have $2593.74 in 10 years if you set aside $1,000 at 10%

you will have $9321.91 in 20 years if you set aside $2000 at 8%

you will have $1469.32 in 5 years if you set aside $1000 at 8%

you will have $1296.87 in 10 years if you set aside $500 at 10%

you will have $239.66 in 15 years if you set aside $100 at 6%

you will have $4660.96 in 20 years if you set aside $1000 at 8%

this is all on your opinion. you choose what you want to do.