Direct materials inventory, March 1, 2020 Direct materials purchased $ 90 345 Direct materials used 365...

 

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Direct materials inventory, March 1, 2020 Direct materials purchased $ 90 345 Direct materials used 365 Total manufacturing overhead costs 485 Variable manufacturing overhead costs 270 Total manufacturing costs incurred during March 2020 1,570 Work-in-process inventory, March 1, 2020 215 Cost of goods manufactured 1,640 Finished-goods inventory, March 1, 2020 160 Cost of goods sold 1,740 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 Direct materials inventory, March 1, 2020 Direct materials purchased $ 90 345 Direct materials used 365 Total manufacturing overhead costs 485 Variable manufacturing overhead costs 270 Total manufacturing costs incurred during March 2020 1,570 Work-in-process inventory, March 1, 2020 215 Cost of goods manufactured 1,640 Finished-goods inventory, March 1, 2020 160 Cost of goods sold 1,740 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