eBook Show Me How Calculator E Print Item Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production $65,000 Direct labor 75,000 Factory overhead 27,000 Work in process inventory, March 1 54,000 Work in process inventory, March 31 41,990 Finished goods inventory, March 1 24,000 Finished goods inventory, March 31 16,000 a. For March, determine the cost of goods manufactured. く Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3 Company Statement of Cost of Goods Manufactured KSHEET.A... 24 $4 Total manufacturing costs incurred during March Total manufacturing costs NKSHEET.A... LANKSHEET Cost of goods manufactured CEL.ALGO Check My Work 5 more Check My Work uses remaining. D items : 30% All work saved. MacBook Pro 20 F1 F2 F3 F4 F5 F6 F7 F8 %23 LC Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3 Company Statement of Cost of Goods Manufactured %24 $4 Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured b. For March, determine the cost of goods sold. Using the data given, prepare a statement of Cost of Goods Sold. T.A... Timbuk 3 Company Statement of Cost of Goods Sold EET.A... Cost of goods sold НЕЕТ LGO Check My Work 5 more Check My Work uses remaining. All work saved. Email Ins MacBook Pro 20 000 F2 DII F3 F4 F5 F6 F7 F8 F9 23 $4 3 4. 60 00 %24
eBook Show Me How Calculator E Print Item Cost of Goods Sold, Cost of Goods Manufactured Timbuk 3 Company has the following information for March: Cost of direct materials used in production $65,000 Direct labor 75,000 Factory overhead 27,000 Work in process inventory, March 1 54,000 Work in process inventory, March 31 41,990 Finished goods inventory, March 1 24,000 Finished goods inventory, March 31 16,000 a. For March, determine the cost of goods manufactured. く Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3 Company Statement of Cost of Goods Manufactured KSHEET.A... 24 $4 Total manufacturing costs incurred during March Total manufacturing costs NKSHEET.A... LANKSHEET Cost of goods manufactured CEL.ALGO Check My Work 5 more Check My Work uses remaining. D items : 30% All work saved. MacBook Pro 20 F1 F2 F3 F4 F5 F6 F7 F8 %23 LC Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3 Company Statement of Cost of Goods Manufactured %24 $4 Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured b. For March, determine the cost of goods sold. Using the data given, prepare a statement of Cost of Goods Sold. T.A... Timbuk 3 Company Statement of Cost of Goods Sold EET.A... Cost of goods sold НЕЕТ LGO Check My Work 5 more Check My Work uses remaining. All work saved. Email Ins MacBook Pro 20 000 F2 DII F3 F4 F5 F6 F7 F8 F9 23 $4 3 4. 60 00 %24
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
Related questions
Question
Transcribed Image Text:eBook
Show Me How
Calculator
E Print Item
Cost of Goods Sold, Cost of Goods Manufactured
Timbuk 3 Company has the following information for March:
Cost of direct materials used in production
$65,000
Direct labor
75,000
Factory overhead
27,000
Work in process inventory, March 1
54,000
Work in process inventory, March 31
41,990
Finished goods inventory, March 1
24,000
Finished goods inventory, March 31
16,000
a. For March, determine the cost of goods manufactured.
く
Using the data given, prepare a statement of Cost of Goods Manufactured.
Timbuk 3 Company
Statement of Cost of Goods Manufactured
KSHEET.A...
24
$4
Total manufacturing costs incurred during March
Total manufacturing costs
NKSHEET.A...
LANKSHEET
Cost of goods manufactured
CEL.ALGO
Check My Work 5 more Check My Work uses remaining.
D items
: 30%
All work saved.
MacBook Pro
20
F1
F2
F3
F4
F5
F6
F7
F8
%23
LC
Transcribed Image Text:Using the data given, prepare a statement of Cost of Goods Manufactured.
Timbuk 3 Company
Statement of Cost of Goods Manufactured
%24
$4
Total manufacturing costs incurred during March
Total manufacturing costs
Cost of goods manufactured
b. For March, determine the cost of goods sold.
Using the data given, prepare a statement of Cost of Goods Sold.
T.A...
Timbuk 3 Company
Statement of Cost of Goods Sold
EET.A...
Cost of goods sold
НЕЕТ
LGO
Check My Work 5 more Check My Work uses remaining.
All work saved.
Email Ins
MacBook Pro
20
000
F2
DII
F3
F4
F5
F6
F7
F8
F9
23
$4
3
4.
60
00
%24
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