Reference no: EM13604131

Good Morning Enterprises produces digital alarm clocks. It has a just-in-time assembly process and uses backflush costing to record production costs. Overhead is assigned at a rate of $17 per assembly labor hour. There were no beginning inventories in March, During March, the following operating data were generated: Cost of direct materials purchased and used $53,200 Direct labor costs incurred $27,300 overhead costs assigned ? assembly hours worked 3,840 hours ending work in peace $1,050 ending finished good inventory $960 Using T accounts, show the flow of cost through the backflash costing system. What is the total cost of goods sold in March