Question: Need answers please! Saved Help Save & E Stor Smart Company makes plastic organizing bins. The company has the following inventory balances at the beginning


Saved Help Save & E Stor Smart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Raw materials work in process Tinished good Deginning Inventory 529,000 22,200 78,400 Ending Inventory $25,100 46,000 68,600 14 Additional information for the month of March follows: Raw materiale purchases Indirect materials used Direct labor Manufacturing overhead applied Selling, general, and administrative expenses sales revenue 5 41.000 1.700 63,200 36,400 24,200 237.100 Required: 1. Based on the above information, prepare a cost of goods manufactured report 2. Based on the above information, prepare an income statement for the month of March Complete this question by entering your answers in the tabs below. Required 1 Required 2 Based on the above information, prepare a cost of goods manufactured report
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
