Zoe Corporation has the following information for the month of March. Cost of materials used in production $16,958 Direct labor 27,539 Factory overhead 35,303 Work in process inventory, March 1 23,915 Work in process inventory, March 31 19,424 Finished goods inventory, March 1 21,952 Finished goods inventory, March 31 26,720 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold.

Zoe Corporation has the following information for the month of March. Cost of materials used in production $16,958 Direct labor 27,539 Factory overhead 35,303 Work in process inventory, March 1 23,915 Work in process inventory, March 31 19,424 Finished goods inventory, March 1 21,952 Finished goods inventory, March 31 26,720 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold.

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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