Jasper, Inc. reports the following cost information for March: Cost of Goods Manufactured Manufacturing Overhead Finished Goods Inventory, March 1 Finished Goods Inventory, March 31 Work-in - Process Inventory, March 1 Work-in-Process Inventory, March 31 Direct Materials Used What is the cost of goods sold for March? OA. $75,800 OB. $78,700 OC. $72,600 OD. $2,300 $74,200 18,900 4,500 2,900 9,900 1,300 26,500 ***

Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 15E: Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone...
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Jasper, Inc. reports the following cost information for March:
Cost of Goods Manufactured
Manufacturing Overhead
Finished Goods Inventory, March 1
Finished Goods Inventory, March 31
Work-in - Process Inventory, March 1
Work-in-Process Inventory, March 31
Direct Materials Used
What is the cost of goods sold for March?
OA. $75,800
OB. $78,700
OC. $72,600
OD. $2,300
$74,200
18,900
4,500
2,900
9,900
1,300
26,500
Transcribed Image Text:Jasper, Inc. reports the following cost information for March: Cost of Goods Manufactured Manufacturing Overhead Finished Goods Inventory, March 1 Finished Goods Inventory, March 31 Work-in - Process Inventory, March 1 Work-in-Process Inventory, March 31 Direct Materials Used What is the cost of goods sold for March? OA. $75,800 OB. $78,700 OC. $72,600 OD. $2,300 $74,200 18,900 4,500 2,900 9,900 1,300 26,500
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