Solution-Determine cost of goods manufactured and goods sold

Determine cost of goods manufactured and goods sold

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Reference no: EM132350075

Question - Timbuk 3 Company has the following information for March:

Cost of direct materials used in production $21,000

Direct Labor 54,250

Factory overhead 35,000

Work in process inventory, March 1 87,500

Work in process inventory, March 31 92,750

Finished goods inventory, March 1 36,750

Finished goods inventory, March 31 42,000

For the month of March, determine: a) cost of goods manufactured and b) cost of goods sold.

Reference no: EM132350075

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Determine cost of goods manufactured and goods sold

Reference no: EM132350075

Reference no: EM132350075

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