Zoe Corporation has the following information for the month of March. Cost of materials used in production $17,250 Direct labor 27,158 Factory overhead 35,799 Work in process inventory, March 1 24,583 Work in process inventory, March 31 21,401 Finished goods inventory, March 1 22,617 Finished goods inventory, March 31 28,258 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 $17,250 Direct labor 27,158 Factory overhead 35,799 Work in process inventory, March 1 24,583 Work in process inventory, March 31 21,401 Finished goods inventory, March 1 22,617 Finished goods inventory, March 31 28,258 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold.

Principles of Accounting Volume 2

19th Edition

ISBN:9781947172609

Author:OpenStax

Publisher:OpenStax

Chapter4: Job Order Costing

Section: Chapter Questions

Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...

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