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Cost data for Mix-A-Lot Manufacturing Company for the month ended March 31, 2016, are as follows:

Inventories

March 1

March 31

Materials

$315,000

$277,200

Work in process

214,200

239,400

Finished goods

163,800

189,000


March 31

Direct labor

$567,000

Materials purchased during May

604,800

Factory overhead incurred during May:

Indirect labor

60,480

Machinery depreciation

36,000

Heat, light, and power

12,600

Supplies

10,080

Property taxes

8,820

Miscellaneous costs

16,380

Required:

A.

Prepare a cost of goods manufactured statement for March 2016. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. "Less" or "Plus" will automatically appear if it is required. Enter all amounts as positive numbers.

B.

Determine the cost of goods sold for March 2016.

Sagot :

stacybrobbs

Answer:

determine the cost of good sold for march 2016

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