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Anderson Enterprises Inventories: March 1 March 31 Raw material $18,000 $15,000 Work in process $9,000 $6,000 Finished goods $27,000 $ 36,000 Additional information for March:

Anderson Enterprises

Inventories: March 1 March 31

Raw material $18,000 $15,000

Work in process $9,000 $6,000

Finished goods $27,000 $ 36,000

Additional information for March:

Raw meterial purchased $42,000

Direct labor payroll $30,000

Direct labor rate per hour $7.50

Overhead rate per direct labor hour $10.00

1) Refer to Anderson Enterprises. For March, Prime cost incurred was

2) Refer to Anderson Enterprises. For March, Conversion cost incurred was

3) Refer to Anderson Enterprises. For March, Cost of Goods Manufactured was

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