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The following information pertains to Big Three Manufacturing Company for March 2018. Assume actual overhead equaled applied overhead. March 1 Inventory balances Raw materials $

The following information pertains to Big Three Manufacturing Company for March 2018. Assume actual overhead equaled applied overhead.

March 1

Inventory balances

Raw materials

$

12,707

Work in process

17,429

Finished goods

9,476

March 31

Inventory balances

Raw materials

$

11,843

Work in process

13,186

Finished goods

7,887

During March

Costs of raw materials purchased

$

63,497

Costs of direct labor

20,288

Costs of manufacturing overhead

12,279

Sales revenues

193,247

The gross profit is $______________

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