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ces Beginning Ending Inventory Inventory Raw materials $28,200 $25,200 Work in process 21,600 46,900 Finished goods 79,500 68,900 Additional information for the month of March
ces Beginning Ending Inventory Inventory Raw materials $28,200 $25,200 Work in process 21,600 46,900 Finished goods 79,500 68,900 Additional information for the month of March follows: Indirect materials used Raw materials purchases Direct labor Manufacturing overhead applied Selling, general, and administrative expenses Sales revenue $ 40,200 1,400 63,300 35,100 23,300 237,200 Required: 1. Based on the above information, prepare a cost of goods manufactured report. 2. Based on the above information, prepare an income statement for the month of March. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on the above information, prepare a cost of goods manufactured report. STORSMART COMPANY Cost of Goods Manufactured Report For the Month of March ces Based on the above information, prepare a cost of goods manufactured report. STORSMART COMPANY Cost of Goods Manufactured Report For the Month of March Direct Materials Used in Production Total Current Manufacturing Costs Total Work in Process 0 $ 0 Cost of Goods Manufactured Required 1 Required 2 > Based on the above information, prepare an income statement for the month of March. STORSMART COMPANY Income Statement For the Month of March Less: Cost of Goods Sold Cost of Goods Sold Net Income (Loss) from Operations < Required 1 Required 2
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