The Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $15,313 Direct labor 24,500 Factory overhead 38,564 Work in process inventory, March 1 15,171 Work in process inventory, March 31 21,235 Finished goods inventory, March 1 24,430 Finished goods inventory, March 31 22,114 a. Determine the cost of goods manufactured.$ b. Determine the cost of goods sold.
The Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $15,313 Direct labor 24,500 Factory overhead 38,564 Work in process inventory, March 1 15,171 Work in process inventory, March 31 21,235 Finished goods inventory, March 1 24,430 Finished goods inventory, March 31 22,114 a. Determine the cost of goods manufactured.$ b. Determine the cost of goods sold.
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...
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The Zoe Corporation has the following information for the month of March:
Cost of direct materials used in production | $15,313 |
Direct labor | 24,500 |
Factory overhead | 38,564 |
Work in process inventory, March 1 | 15,171 |
Work in process inventory, March 31 | 21,235 |
Finished goods inventory, March 1 | 24,430 |
Finished goods inventory, March 31 | 22,114 |
a. Determine the cost of goods manufactured.
$
b. Determine the cost of goods sold.
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