Stewart Tables selected data for March 2020 are presented here (in millions): Required Calculate the following costs:
Question:
Stewart Tables’ selected data for March 2020 are presented here (in millions):
Required
Calculate the following costs:
1. Direct materials inventory, March 31, 2020
2. Fixed manufacturing overhead costs for March 2020
3. Direct manufacturing labor costs for March 2020
4. Work-in-process inventory, March 31, 2020
5. Cost of finished goods available for sale in March 2020
6. Finished goods inventory, March 31, 2020
Transcribed Image Text:
Direct materials inventory, March 1, 2020 Direct materials purchased Direct materials used Total manufacturing overhead costs Variable manufacturing overhead costs Total manufacturing costs incurred during March 2020 Work-in-process inventory, March 1, 2020 Cost of goods manufactured Finished-goods inventory, March 1, 2020 Cost of goods sold $ 90 345 365 485 270 1,570 215 1,640 160 1,740
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