In March, Chilton Company purchased materials costing $14,000 and incurred direct labor cost of $20,000. Overhead totaled $36,000 for the month. Information on inventories was as follows:

Required:
1. What was the cost of direct materials for March?
2. What was the total manufacturing cost in March?
3. What was the cost of goods manufactured forMarch?

Transcribed Image Text:

Materials Work in process Finished goods March 1 $8,600 1,700 7,000 March 31 $2,300 9,000 6,500