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The following data refers to one month for Talmidge Company. Fill in the blanks. $ 36,000 23,500 7,000 34,000 39,500 Direct materials inventory, March 1
The following data refers to one month for Talmidge Company. Fill in the blanks. $ 36,000 23,500 7,000 34,000 39,500 Direct materials inventory, March 1 Direct materials inventory, March 31 Work-in-process inventory, March 1 Work-in-process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 Purchases of direct materials Cost of goods manufactured during the month Total manufacturing costs Cost of goods sold Gross margin Direct labor Direct materials used Manufacturing overhead Sales revenue 150,000 147,000 195,500 70,000 51,000 340,000
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