Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $15,816 Direct labor 26,415 Factory overhead 34,795 Work in process inventory, March 1 15,512 Work in process inventory, March 31 19,342 Finished goods inventory, March 1 24,186 Finished goods inventory, March 31 27,298 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold.
Zoe Corporation has the following information for the month of March: Cost of direct materials used in production $15,816 Direct labor 26,415 Factory overhead 34,795 Work in process inventory, March 1 15,512 Work in process inventory, March 31 19,342 Finished goods inventory, March 1 24,186 Finished goods inventory, March 31 27,298 a. Determine the cost of goods manufactured. b. Determine the cost of goods sold.
Chapter4: Job Order Costing
Section: Chapter Questions
Problem 6PA: During the year, a company purchased raw materials of $77,321, and incurred direct labor costs of...
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![Zoe Corporation has the following information for the month of March:
Cost of direct materials used in production
$15,816
Direct labor
26,415
Factory overhead
34,795
Work in process inventory, March 1
15,512
Work in process inventory, March 31
19,342
Finished goods inventory, March 1
24,186
Finished goods inventory, March 31
27,298
a. Determine the cost of goods manufactured.
b. Determine the cost of goods sold.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F1669f052-7c64-4670-b150-2cccd7d3d071%2F32d0c04a-4825-42cf-986b-e88372fff846%2Fbo3v49_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Zoe Corporation has the following information for the month of March:
Cost of direct materials used in production
$15,816
Direct labor
26,415
Factory overhead
34,795
Work in process inventory, March 1
15,512
Work in process inventory, March 31
19,342
Finished goods inventory, March 1
24,186
Finished goods inventory, March 31
27,298
a. Determine the cost of goods manufactured.
b. Determine the cost of goods sold.
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