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Zoe Corporation has the following information for the month of March: Purchases Materials inventory, March 1 Materials inventory, March 31 Direct labor Factory overhead Work
Zoe Corporation has the following information for the month of March: Purchases Materials inventory, March 1 Materials inventory, March 31 Direct labor Factory overhead Work in process inventory, March 1 Work in process inventory, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 Sales $92,000 6,000 8,000 25,000 37,000 22,000 23,500 21,000 30,000 257,000 79,000 Selling and administrative expenses a. Prepare a schedule of cost of goods manufactured. Enter all amounts as positive numbers. Zoe Corporation Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct Materials: 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. Enter all amounts as positive numbers. Total manufacturing costs Cost of goods manufactured
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