Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $15,816 Direct labor 26,415 Factory overhead 34,795 Work in process inventory, March 1 15,512 Work in process inventory, March 31 19,342 Finished goods inventory, March 1 24,186 Finished goods inventory, March 31 27,298 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold.

Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $15,816 Direct labor 26,415 Factory overhead 34,795 Work in process inventory, March 1 15,512 Work in process inventory, March 31 19,342 Finished goods inventory, March 1 24,186 Finished goods inventory, March 31 27,298 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

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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