Question

The Zoe Corporation has the following information for the month of March: $19,711 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 mar ufactured 26,536 37,729 19,074 21,393 20,999 28,611 b. Determine the cost of goods sold.

Answer 1

Answoro @ The cost of goods manufactured cost de goods manufactured a wonk in process inventay, maicht + cost of Diret makrial + Diveet labour + factory overheada twork in process inventory march 31. =$19,074 +$ 19,711.+ 86,536 + 37,729 : -91,393. =103050-01,393 "=481,654 - The cost d goods manufactured = $81,657 6)-the cost of goods sold : cost d gods sold finished goods inventory, march 1 + {ost d goods manufactured - finished goods inventory, march 31.

= 20,999 +81,657 - 28,611 = 102656-28,611 - $74,045 | : The cost od goods sold = $ 74,045