1. The Zoe Corporation has the following information for the month of March. Prepare a schedule of cost of

goods manufactured for the month ended March 31.

Purchases $92,000

Materials inventory, March 1 6,000

Materials inventory, March 31 8,000

Direct labor 25,000

Factory overhead 37,000

Work in process, March 1 22,000

Work in process, March 31 18,500

Finished goods inventory, March 1 21,000

Finished goods inventory, March 31 25,000

Sales 257,000

Sales and administrative expenses 79,000