Question

The cost of goods sold in March 2013 for Targe´ Co. was $ 2,644,100. The March 31 Work in Process Inventory was 25 percent of the March 1 Work in Process Inventory. Overhead was 225 percent of direct labor cost. During March, $ 1,182,000 of direct material was purchased. Other March information follows:


a. Prepare a cost of goods sold schedule for March.
b. Prepare the March cost of goods manufactured schedule.
c. What was the amount of prime cost incurred in March?
d. What was the amount of conversion cost incurred inMarch?


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  • CreatedJune 03, 2014
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