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Direct Materials Used, Cost of Goods Manufactured In March, Chilton Company purchased materials costing $11,000 and incurred direct labor cost of $16,000. Overhead totaled $35,000
Direct Materials Used, Cost of Goods Manufactured In March, Chilton Company purchased materials costing $11,000 and incurred direct labor cost of $16,000. Overhead totaled $35,000 for the month. Information on inventories was as follows: March 1 March 31 Materials $7,700 $8,500 Work in process $1,400 $10,000 Finished goods $6,000 $10,200 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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