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 $$1,000,000$ of fixed overhead in the numerator and $50,000$ direct labor$-$hours in the denominator. The company purchased $($with cash$)$ and used $53,000$ yards of raw materials at a cost of $$11\mathrm{.}40$ per yard. Its direct laborers worked $20,800$ hours and were paid a total of $$291,600.$ The company started and completed $9,700$ units of finished goods during the period. Bowen$$s standard cost card for its only product is as follows:

Inputs $(1)$

Standard Quantity or Hours $(2)$

Standard Price or Rate Standard Cost

$(1)\backslash$times $(2)$

Direct materials $4\mathrm{.}6$ yards $ $18\mathrm{.}00$ per yard $ $82\mathrm{.}80$

Direct labor $4\mathrm{.}0$ hours $ $14\mathrm{.}00$ per hour $56\mathrm{.}00$

Fixed manufacturing overhead $4\mathrm{.}0$ hours $ $20\mathrm{.}00$ per hour $80\mathrm{.}00$

Total standard cost per unit $ $218\mathrm{.}80$

Required:

$1.$ When recording the raw material purchases:

a$.$ The Raw Materials inventory will increase $($decrease$)$ by how much?

b$.$ The Cash will increase $($decrease$)$ by how much?

$2.$ When recording the raw materials used in production:

a$.$ The Raw Materials inventory will increase $($decrease$)$ by how much?

b$.$ The Work in Process inventory will increase $($decrease$)$ by how much?

$3.$ When recording the direct labor costs added to production:

a$.$ The Work in Process inventory will increase $($decrease$)$ by how much?

b$.$ The Cash will increase $($decrease$)$ by how much?

$4.$ When applying fixed 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?

$($Indicate whether each account will increase or decrease. Input all amounts as positive values.$)$Required:

When recording the raw material purchases:

a$.$ The Raw Materials inventory will increase $($decrease$)$ by how much?

b$.$ The Cash will increase $($decrease$)$ by how much?

When recording the raw materials used in production:

a$.$ The Raw Materials inventory will increase $($decrease$)$ by how much?

b$.$ The Work in Process inventory will increase $($decrease$)$ by how much?

When recording the direct labor costs added to production:

a$.$ The Work in Process inventory will increase $($decrease$)$ by how much?

b$.$ The Cash will increase $($decrease$)$ by how much?

When applying fixed manufacturing overhead to production, the Work in Process inventory will incre

When transferring manufacturing costs from Work in Process to Finished Goods, the Finished Goods

$($decrease$)$ by how much?

$($Indicate whether each account will increase or decrease. Input all amounts as positive values.$)$