Zoe Corporation has the following information for the month of March. - **Cost of materials used in production:** $19,369 - **Direct labor:** $26,541 - **Factory overhead:** $37,168 - **Work in process inventory, March 1:** $22,586 - **Work in process inventory, March 31:** $19,023 - **Finished goods inventory, March 1:** $23,026 - **Finished goods inventory, March 31:** $27,299 a. **Determine the cost of goods manufactured.** - [$________] b. **Determine the cost of goods sold.** - [$________]

Zoe Corporation has the following information for the month of March. - Cost of materials used in production: $19,369 - Direct labor: $26,541 - Factory overhead: $37,168 - Work in process inventory, March 1: $22,586 - Work in process inventory, March 31: $19,023 - Finished goods inventory, March 1: $23,026 - Finished goods inventory, March 31: $27,299 a. Determine the cost of goods manufactured. - [$] b. Determine the cost of goods sold. - [$]

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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