Cost of Goods Sold, Cost of Goods Manufactured

Timbuk 3 Company has the following information for March:

Cost of direct materials used in production	$35,000
Direct labor	45,000
Factory overhead	35,000
Work in process inventory, March 1	23,000
Work in process inventory, March 31	37,260
Finished goods inventory, March 1	24,000
Finished goods inventory, March 31	19,000

Part B

Timbuk 3 Company
Statement of Cost of Goods Sold
Finished goods inventory, March 1	$
Cost of goods manufactured
Cost of finished goods available for sale	$
Less finished goods inventory, March 31
Cost of goods sold	$

iu ule Dola yiven, prepare a statement of Cost of Goods Manufactured. Timbuk 3 Company Statement of Cost of Goods Manufactured Work in process inventory, March 1 a Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred during March Total manufacturing costs Less work in process inventory, March 31 poco Cost of goods manufactured Feedback