Refer to the information for Chilton Company above. In March, Chilton Company purchased materials costing $12,000 and
Question:
In March, Chilton Company purchased materials costing $12,000 and incurred direct labor cost of $20,000. Overhead totaled $36,000 for the month. Information on inventories was as follows:
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Required:
1. What was the cost of direct materials used in March?
2. What was the total manufacturing cost in March?
3. What was the cost of goods manufactured for March?
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Related Book For 
Cornerstones of Financial and Managerial Accounting
ISBN: 978-1111879044
2nd edition
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
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