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1. The Zoe Corporation has the following information for the month of March. Purchases Materials inventory, March 1 Mate
Posted: Tue Jul 05, 2022 11:23 am
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- 1 The Zoe Corporation Has The Following Information For The Month Of March Purchases Materials Inventory March 1 Mate 1 (66.91 KiB) Viewed 13 times
1. The 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, March 1 Work in process, March 31 Finished goods inventory, March 1 Finished goods inventory, March 31 Sales Sales and administrative expenses 2. $90,000 7,000 9,000 23,000 39,000 20,000 18,000 20,000 24,000 250,000 80,000 Prepare the following statements with the information provided in the problem: • (a) schedule of cost of goods manufactured • (b) an income
statement for the month ended March 31 (c) prepare only the inventory section of the balance sheet