34. LO.6 (CGM; CGS) The cost of goods sold in March 2008 forRaggae Rocks Co. was $2,300,000. March 31 Work in Process Inventorywas 40 percent of the March 1 Work in Process Inventory. Overheadwas 225 percent of direct labor cost. During March, $1,182,000 ofdirect material was purchased. Other March informationfollows:

Inventories March 1 March 31

Direct Material $30,000 $42,000

Work in Process 90,000 ?

Finished Goods 125,000 24,000

a. Prepare a schedule of the cost of goods sold forMarch.

b. Prepare the March cost of goods manufacturedschedule.

c. What was the amount of prime cost incurred in March?

d. What was the amount of conversion cost incurred inMarch?