Basic Cash Flow Model: Partially completed T-accounts and additional information for Redwood Landscaping for the month of March are presented below:

During the month, sales were $8,000, and marketing and administrative costs were $1,600.

Required:

a. What was the cost of direct material issued to production during March?

b. What was the cost of goods manufactured during March?

c. What was the balance of the Work in Process Inventory account at the end of March?

d. What was the operating profit for March?

Transcribed Image Text:

Direct Materials Inventory BB 3/1 1,000 4,000 BB 3/1 Finished Goods Inventory 3,000 6,000 Work in Process Inventory 2,000 Direct labor 2,400 BB 3/1 3,200 Manufacturing overhead 2,200 4,000 Cost of Goods Sold