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Pennsylvania State University Operations And Supply Chain Management Assignment Help - Goods Manufactured


Question - 1.The Zoe Corporation has the following information for the month of March. Prepare a (a) schedule
of cost of goods manufactured, (b) an income statement for the month ended March 31, and (c)
prepare only the inventory section of the balance sheet.

Purchases $92,000
Materials inventory, March 1 6,000
Materials inventory, March 31 8,000
Direct labor 25,000
Factory overhead 37,000
Work in process, March 1 22,000
Work in process, March 31 18,500
Finished goods inventory, March 1 21,000
Finished goods inventory, March 31 25,000
Sales 257,000
Sales and administrative expenses 79,000

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