Timbuk 3 Company has the following information for March: Cost of direct materials used in production $63,000 Direct labor 76,000 Factory overhead 21,000 Work in process inventory, March 1 56,000 Work in process inventory, March 31 49,680 Finished goods inventory, March 1 22,000 Finished goods inventory, March 31 16,000 a.  For March, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Timbuk 3 Company Statement of Cost of Goods Manufactured

Use the following information for a manufacturer to compute cost of goods manufactured and cost of goods​ sold:   Data Table Balances: Beginning Ending Direct Materials $20,000 $32,000 Work-in-Process Inventory 39,000 37,000 Finished Goods Inventory 14,000 23,000 Data Table Other information:   Purchases of direct materials $79,000 Direct labor 80,000 Manufacturing overhead 41,000 ​First, compute cost of goods manufactured.   Schedule of Cost of Goods Manufactured         Direct Materials Used:                                               Direct Materials Used                       Total Manufacturing Costs Incurred during the Year       Total Manufacturing Costs to Account For               Cost of Goods…

Using $3,040, 000 as the cost of goods manufactured, compute the cost of goods sold using the following information. Raw materials inventory, January 1 $ 20,000 Raw materials inventory, December 31 40,000 Work in process, January 1 18, 000 Work in process, December 31 12,000 Finished goods, January 1 45,000 Finished goods, December 31 31,000 Raw materials purchases 1, 700,000 Direct labor 760, 000 Factory utilities 150, 000 Indirect labor 50,000 Factory depreciation 400,000 Operating expenses 420,000

ABC Corporation reported the following data for the month of January:   Inventories: Beginning Ending Raw materials 46,000 34,000 Work in process 31,000 29,000 Finished goods 27,000 55,000       Additional information:     Raw materials purchases 79,000   Direct labor cost 93,000   Manufacturing overhead cost incurred 54,000   Indirect materials included in manufacturing overhead cost incurred 8,000   Manufacturing overhead cost applied to Work in Process 57,000     Calculate cost of completed goods during the month of January?

Cost of Goods Sold, Cost of Goods Manufactured Princeton 3 Company has the following information for May: Cost of direct materials used in production $66,000 Direct labor 73,000 Factory overhead 37,000 Work in process inventory, May 1 59,000 Work in process inventory, May 31 58,750 Finished goods inventory, May 1 25,000 Finished goods inventory, May 31 19,000 Question Content Area a.  For May, using the data given, prepare a statement of Cost of Goods Manufactured. Princeton 3 CompanyStatement of Cost of Goods Manufacturedblank     $- Select -   $- Select -     - Select -     - Select -   Total manufacturing costs incurred during May   fill in the blank 47477f001f8204f_9 Total manufacturing costs   $fill in the blank 47477f001f8204f_10     - Select - Cost of goods manufactured   $fill in the blank 47477f001f8204f_13         Question Content Area b.  For May, using the data given, prepare a statement of Cost of Goods…

Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $19,052 Direct labor 27,279 Factory overhead 33,802 Work in process inventory, March 1 17,338 Work in process inventory, March 31 20,887 Finished goods inventory, March 1 24,160 Finished goods inventory, March 31 23,463 a.  Determine the cost of goods manufactured.$fill in the blank 1 b.  Determine the cost of goods sold.$fill in the blank 2

Lastly:  Determine the costs of goods sold for January:

The manufacturing operations of Wildhorse, Inc. had the following balances for the month of January: Inventories Raw Materials Work in Process Finished Goods January 1 January 31 $15,600 27,300 18,200 $16,900 Cost of goods sold $ 29,900 20,800 Wildhorse transferred $377,000 of completed goods out of Work in Process Inventory during January. Compute the cost of goods sold.

The Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $15,313 Direct labor 24,500 Factory overhead 38,564 Work in process inventory, March 1 15,171 Work in process inventory, March 31 21,235 Finished goods inventory, March 1 24,430 Finished goods inventory, March 31 22,114 a.  Determine the cost of goods manufactured.$ b.  Determine the cost of goods sold.

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