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March 1 March 31 Raw materials inventory $ 10,500 $ 9,200 Work in process inventory 4,800 5,600 Materials purchased in March $ 88,500 Direct labor in March 65,000 Manufacturing overhead in March 112,000 Input the amounts of each of the following. Direct materials used $ Total manufacturing costs 2$ Cost of goods manufactured $

March 1 March 31 Raw materials inventory $ 10,500 $ 9,200 Work in process inventory 4,800 5,600 Materials purchased in March $ 88,500 Direct labor in March 65,000 Manufacturing overhead in March 112,000 Input the amounts of each of the following. Direct materials used $ Total manufacturing costs 2$ Cost of goods manufactured $

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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March 1 March 31 Raw materials inventory $ 10,500 $ 9,200 Work in process inventory 4,800 5,600 Materials purchased in March $ 88,500 Direct labor in March 65,000 Manufacturing overhead in March 112,000 Input the amounts of each of the following. Direct materials used Total manufacturing costs Cost of goods manufactured $ %24 %24
Transcribed Image Text:March 1 March 31 Raw materials inventory $ 10,500 $ 9,200 Work in process inventory 4,800 5,600 Materials purchased in March $ 88,500 Direct labor in March 65,000 Manufacturing overhead in March 112,000 Input the amounts of each of the following. Direct materials used Total manufacturing costs Cost of goods manufactured $ %24 %24
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