1. Use the following information to answer the five questions in the Quiz: The Zoe Corporation has the following information for the month March.

Cost of materials placed in production	$69,000
Direct labor	27,000
Factory overhead	34,000
Work in process, March 1	15,000
Work in process, March 31	19,500
Finished goods inventory, March 1	25,000
Finished goods inventory, March 31	23,000

What are the Total Manufacturing Costs Added? (Points : 3)

$69,000 $27,000 $15,000 $130,000

Question 2.2. Use the following information to answer the five questions in the Quiz: The Zoe Corporation has the following information for the month March.

Cost of materials placed in production	$69,000
Direct labor	27,000
Factory overhead	34,000
Work in process, March 1	15,000
Work in process, March 31	19,500
Finished goods inventory, March 1	25,000
Finished goods inventory, March 31	23,000

What are the Cost of Finished Goods Available for Sale? (Points : 3)

$125,500 $150,500 $127,500 $130,000

Question 3.3. Use the following information to answer the five questions in the Quiz: The Zoe Corporation has the following information for the month March.

Cost of materials placed in production	$69,000
Direct labor	27,000
Factory overhead	34,000
Work in process, March 1	15,000
Work in process, March 31	19,500
Finished goods inventory, March 1	25,000
Finished goods inventory, March 31	23,000

What are the Cost of Goods Sold? (Points : 3)

$130,000 $127,500 $125,500 $150,500

Question 4.4. Use the following information to answer the five questions in the Quiz: The Zoe Corporation has the following information for the month March.

Cost of materials placed in production	$69,000
Direct labor	27,000
Factory overhead	34,000
Work in process, March 1	15,000
Work in process, March 31	19,500
Finished goods inventory, March 1	25,000
Finished goods inventory, March 31	23,000

What are the Costs of Goods Manufactured? (Points : 3)

$130,000 $145,000 $125,500 $69,000

Question 5.5. Use the following information to answer the five questions in the Quiz: The Zoe Corporation has the following information for the month March.

Cost of materials placed in production	$69,000
Direct labor	27,000
Factory overhead	34,000
Work in process, March 1	15,000
Work in process, March 31	19,500
Finished goods inventory, March 1	25,000
Finished goods inventory, March 31	23,000

To determine Cost of Goods Manufactured, which of the following items would be unnecessary? (Points : 3)

Work in process inventory, March 31 Finished goods inventory, March 31 Cost of Materials Placed in Production Direct Labor