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Using the information below, prepare a statement of cost of goods manufactured and cost of goods sold. This problem is not in the text book.

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Using the information below, prepare a statement of cost of goods manufactured and cost of goods sold. This problem is not in the text book. . $6,000 5,000 3,000 . .. Direct material inventory, March 1 Work-in-process inventory, March 1.... Inventory, March 31.. ...2,000 Finished goods inventory, March 18,000 Direct materials purchased during March ............80,000 Direct labor costs, March 64,000 Manufacturing overhead, March Dr Finished goods Dr

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