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Required information The following information anges to the questo pyes besow! 130 Marco Polo Map Company's cost of goods sold to March was $144,000. Maren
Required information The following information anges to the questo pyes besow! 130 Marco Polo Map Company's cost of goods sold to March was $144,000. Maren work-in-process inventory was to percent of March works-process inventory Manufacturing overhead pled was 50 percent of receber cost. Other Information pertaining to the company's entones and production for the month of March as follows Beginning investories, Rarch 11 material work in prece Finished Purchases of raw material during March Ending inventaris, March material work in process Finished $ 16,00 , 31. 314,00 26,00 Required: 1. Prepare a schedule of cost of goods manufactured for the month of March MARCO POLO MAP COMPANY Schedule of cost of Goods Manufactured 5 16.000 114 000 5 130,000 25.000 S Directa Rainer March 1 Add: March purchase of raw mater Raw for use Less Raw maten vertory, March 31 Ramused Director Manufacturing overhead applied Total mantengo Add Work in process investory, March 1 Subo Less Work in process inventory, March 31 Cost of goods manufactured 104,000 154.667 s 25867 40 000 298667 5 $ 296 67
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