Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Chapter 2 Homework instructions help Question 3 (of 6) Save & Exit Submit value 4.16 points The following data refers to one month for Talmidge
Chapter 2 Homework instructions help Question 3 (of 6) Save & Exit Submit value 4.16 points The following data refers to one month for Talmidge Company. Fill in the blanks 32,000 21,500 6,600 Direct materials inventory, March 1 Direct materials inventory, March 31 Work-in-process inventory, March 1 Work-in-process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 Purchases of direct materials Cost of goods manufactured during the month Total manufacturing costs Cost of goods sold Gross margin Direct labor Direct materials used 3,600 38,700 46,000 143,000 179,100 68,000 47,000 Sales revenue 320,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started