The accounting records of Hogan Company include the following information about the company's manufacturing costs and inventories in March of Year 1: Particulars Beginning of Month $143,000 End of Month $148,000 Materials Inventory Work in Process Inventory $134,000 $126,000 Finished Goods Inventory $196,000 $186,000 During this month, the company used $227,000 of direct materials and incurred $158,000 of direct labor costs. The total manufacturing overhead costs for the month amounted to $79,000. A. Prepare a Schedule of Cost of Finished Goods Manufactured for the month ended March 31, Year 1. Hogan Company Schedule of Cost of Finished Goods Manufactured For the Month Ended March 31, Year 1 Work in process inventory, beginning of the month Manufacturing costs assigned to production: Direct materials used Direct labor Manufacturing overhead Total Manufacturing cost Total cost of all work in process during the month Less: Work in process inventory, end of the month Cost of finished goods manufactured B. Compute Cost of Goods Sold for the month ended March 31, Year 1. $ type your answer... $ type your answer... type your answer... type your answer... $ $ $ type your answer... type your answer... type your answer... type your answer... type your answer...

The accounting records of Hogan Company include the following information about the company's manufacturing costs and imventories in March of Year 1: \begin{tabular}{|c|c|c|} \hline Particulars & Beginning of Month & End of Month \\ \hline Materials Inventory & $143,000 & $148,000 \\ \hline Work in Process Inventory & $134,000 & $126,000 \\ \hline Finished Goods Inventory & $196,000 & $186,000 \\ \hline \end{tabular} During this month, the company used $227,000 of direct materials and incurred $158,000 of direct labor costs. The total manufacturing overhead costs for the month amounted to $79,000. A. Prepare a Schedule of Cost of Finished Goods Manufactured for the monthended March 31, Year 1. Hogan Company Schedule of Cost of Finished Goods Manufactured For the Month Ended March 31, Year 1 Work in process inventory, beginning of the month Manufacturing costs assigned to production: Direct materials used Direct labor Manuracturing owerhead Total Manufacturinecost Total cost of all work th jroces during the month Less: Work in process imentory, end of the month Cost of finished noods manufactured B. Compute Cost of Coods Sold for the month ended March 31. Year 1. 5 type your