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
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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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.
%
I'
&
e
Transcribed Image Text:X CengageNOWv2 | Online teachin X + https://v2.cengagenow.com/ilrn/takeAssignment/takeAssignmentMain.do?invoker=&takeAssignmentSession Locator=&inprog 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. % I' & e
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