Zoe Corporation has the following information for the month of March. Cost of materials used in production $17,506 Direct labor 29,778 Factory overhead 35,337 Work in process inventory, March 1 18,395 Work in process inventory, March 31 20,006 Finished goods inventory, March 1 20,086 Finished goods inventory, March 31 27,701 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold. LA

Zoe Corporation has the following information for the month of March. Cost of materials used in production $17,506 Direct labor 29,778 Factory overhead 35,337 Work in process inventory, March 1 18,395 Work in process inventory, March 31 20,006 Finished goods inventory, March 1 20,086 Finished goods inventory, March 31 27,701 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold. LA

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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