Instruction Label and Amount Descriptions Statement of Cost of Goods Manufactured Instruction Zoo Corporation has the following information for the month of March $92,000 8,000 8.000 25.000 37.000 Purchases Materials invertory, March Materials inventory, March 31 Direct labor Factory overhead Work in pront, March 1 Work in process, March 31 Finished goods inventory, March 1 Finished goodo inventory, March 1 Sales Sales and administrative expenses 22.000 23.500 21,000 30,000 257.000 79.000 Required: Prepare(a) a statement of cost of poode marutactured, (b) an income statement for the month ended March 31, and (c) the inventory section or the balance sheet Refer to the Label and Amount Decorations provided for the exact wording of the answer choices for text entries. Be sure to complete the statement reading or Plus wil automatically appear it is required. You will not reed to enter colons() on the financial statements Labels Direct materials For the Month Ended March 31 Inventories March 31 Operating expenses Amount Descriptions Beginning finished goods inventory Beginning materials inventory Beginning work in process inventory, March 1 Cost of finished goods available for sale Cost of goods manufactured Cost of goods sold Cost of materials for use Cost of direct materials used Direct labor Ending finished goods inventory Ending Materials Inventory Ending work in process inventory Factory overhead Finished goods Cost of goods manufactured Cost of goods sold Cost of materials for use Cost of direct materials used Direct labor Ending finished goods inventory Ending Materials Inventory Ending work in process inventory Factory overhead Finished goods Gross profit Materials Net Income Net loss Purchases Sales Sales and administrative expenses Total inventories Total manufacturing costs Total manufacturing costs incurred Work in process 2. Prepare a statement of cost of goods man lectured Peter to the Label and Amount Description provided for more vording of the choices for Best enter the sure to complete the statement heading to Punt utomatically pera negured You will need to enter cobre () on the statement of coat of goods manufactured Entw amounts es pot verder Zoe Corporation Sument of Cost of Good Manufactured 1 1 Previne Naut . Prepare an income statement for the month anded March 31. Refer to the labels and Amount Descriptions provided for the exact wording of the answer choices for boat entries. Be sure to complete the statement heading less or Plus will automatically appear at it is required. You will not need to enter colons (Ion the come statement Enter amounts as possive rumbers unless the amount is a calculations that results in a negalvo amount. For example: Net tone should be negative. Expenses should be positive 2o Corporation Income Statement 1 Cost of goods sold Partia Balance Sheet c. Prepare the inventory auction or the balance sheet Peter to the Labels and Amount Descriptions provided for the exact wording of Use answer choices for fort entries. Be sure to complete the statement reading. You will not need to enter colons() on the balance theel Zoe Corporation Partia Balance Sheet
