Solution-Prepare a statement of cost of goods manufactured

Prepare a statement of cost of goods manufactured

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Reference no: EM132635509

Question - Zoe Corporation has the following information for the month of March:

Purchases $92,000

Materials inventory, March 16,000

Materials inventory, March 318,000

Direct labor 25,000

Factory overhead 37,000

Work in process, March 122,000

Work in process, March 3123,500

Finished goods inventory, March 121,000

Finished goods inventory, March 3130,000

Sales 257,000

Sales and administrative expenses 79,000

Required - Prepare (a) a statement of cost of goods manufactured, (b) an income statement for the month ended March 31, and (c) the inventory section of the balance sheet. Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. "Less" or "Plus" will automatically appear if it is required. You will not need to enter colons (:) on the financial statements.

Reference no: EM132635509

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Prepare a statement of cost of goods manufactured

Reference no: EM132635509

Reference no: EM132635509

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