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The following data refers to one month for Talmidge Company. Fill in the blanks. 20,000 15,500 5,400 32,400 36,300 Direct materials inventory, March 1 Direct
The following data refers to one month for Talmidge Company. Fill in the blanks. 20,000 15,500 5,400 32,400 36,300 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 134,000 131,000 129,900 62,000 35,000 260,000
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