Zoe Corporation has the following information for the month of March: Cost of direct materials used in production Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold. $17,512 24,466 32,234 15,678 18,439 24,791 22,979

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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Zoe Corporation has the following information for the month of March:
Cost of direct materials used in production
Direct labor
Factory overhead
Work in process inventory, March 1
Work in process inventory, March 31
Finished goods inventory, March 1
Finished goods inventory, March 31
a. Determine the cost of goods manufactured.
$
b. Determine the cost of goods sold.
$17,517
24,466
32,234
15,678
18,439
24,791
22,979
Transcribed Image Text:Zoe Corporation has the following information for the month of March: Cost of direct materials used in production Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 a. Determine the cost of goods manufactured. $ b. Determine the cost of goods sold. $17,517 24,466 32,234 15,678 18,439 24,791 22,979
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