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The Zoe Corporation has the following information for the month of March. Prepare a (a) schedule of cost of goods manufactured, (b) an income statement
The Zoe Corporation has the following information for the month of March. Prepare a (a) schedule of cost of goods manufactured, (b) an income statement for the month ended March 31, and (c) prepare only the inventory section of the balance sheet. Purchases $92,000 Matrieals inventory, March 1st 6,000 Materials inventory, march 31st 8,000 Direct Labor 25,000 Factory overhead 37,000 Work in [rocess, March 1ST 22,000 Work in process, March 31ST 18,500 fINISHED GOODS INVENTORY, mARCH 1ST 21,000 fINISHED GOOD INVENTORY, MARCH 31ST 25,000 Sales 257,000 sales and administrative expenses 79,000 Sales and administrativ
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