Zoe Corporation has the following information for the month of March. Cost of direct materials used...
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Zoe Corporation has the following information for the month of March. Cost of direct materials used in production $19,891 Direct labor 29,508 Factory overhead 35,315 Work in process inventory, March 1 23,981 Work in process inventory, March 31 19,921 Finished goods inventory, March 1 24,011 Finished goods inventory, March 31 27,874 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold. UF Compute conversion costs given the following data: direct materials, $396,200; direct labor, $202,200; factory overhead, $218,800 and selling expenses, $46,100, Thomlin Company forecasts that total overhead for the current year will be $9,540,000 with 159,000 total machine hours. Year to date, the actual overhead is $5,456,000, and the actual machine hours are 88,000 hours. The predetermined overhead rate based on machine hours is Round the answer to the nearest dollar. Zoe Corporation has the following information for the month of March. Cost of direct materials used in production $19,891 Direct labor 29,508 Factory overhead 35,315 Work in process inventory, March 1 23,981 Work in process inventory, March 31 19,921 Finished goods inventory, March 1 24,011 Finished goods inventory, March 31 27,874 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold. UF Compute conversion costs given the following data: direct materials, $396,200; direct labor, $202,200; factory overhead, $218,800 and selling expenses, $46,100, Thomlin Company forecasts that total overhead for the current year will be $9,540,000 with 159,000 total machine hours. Year to date, the actual overhead is $5,456,000, and the actual machine hours are 88,000 hours. The predetermined overhead rate based on machine hours is Round the answer to the nearest dollar.
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