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Direct Materials Used, Cost of Goods Manufactured In March, Chilton Company purchased materials costing $12,000 and incurred direct labor cost of $15,000. Overhead totaled $35,000

Direct Materials Used, Cost of Goods Manufactured

In March, Chilton Company purchased materials costing $12,000 and incurred direct labor cost of $15,000. Overhead totaled $35,000 for the month. Information on inventories was as follows:

March 1

March 31

Materials

$7,000

$8,700

Work in process

$1,600

$9,000

Finished goods

$8,000

$8,500

Required:

1.What was the cost of direct materials used in March?

$

2.What was the total manufacturing cost in March?

$

3.What was the cost of goods manufactured for March?

$

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