Zoe Corporation has the following information for the month of March: Purchases $92,000 6,000 Materials inventory, March 1 Materials inventory, March 31 Direct labor 8,000 25,000 Factory overhead 37,000 22,000 23,500 Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 Sales 21,000 30,000 257,000 Sales and administrative expenses 79,000 a. Prepare a statement of cost of goods manufactured. Zoe Corporation Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct materials: a. Prepare a statement of cost of goods manufactured. Zoe Corporation Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct materials: bini Cost of direct materials used Total manufacturing costs incurred Total manufacturing costs Cost of goods manufactured b. Prepare an income statement for the month ended March 31. Zoe Corporation b. Prepare an income statement for the month ended March 31. Zoe Corporation Income Statement For the Month Ended March 31 Cost of goods sold: Cost of goods sold Gross profit Operating expenses: C. Prepare the "inventory" section of the balance sheet. Zoe Corporation Dance sheet Gross profit Operating expenses: OOO c. Prepare the "inventory" section of the balance sheet. Zoe Corporation Balance Sheet March 31 Inventories: Finished goods Work in process Materials Total inventories