P Company has provided the following data for the month of March: Raw materials inventory Work-in-process...

 

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P Company has provided the following data for the month of March: Raw materials inventory Work-in-process inventory Finished goods inventory Direct materials purchases Direct labor incurred Manufacturing overhead Indirect materials included in overhead Required: Beginning Ending $25,000 $30,000 16,000 18,000 36,000 59,000 March Activity $71,000 83,000 74,000 5,000 Prepare a Schedule of Cost of Goods Manufactured and a Partial Income Statement Showing the Cost of Goods Sold P Company has provided the following data for the month of March: Raw materials inventory Work-in-process inventory Finished goods inventory Direct materials purchases Direct labor incurred Manufacturing overhead Indirect materials included in overhead Required: Beginning Ending $25,000 $30,000 16,000 18,000 36,000 59,000 March Activity $71,000 83,000 74,000 5,000 Prepare a Schedule of Cost of Goods Manufactured and a Partial Income Statement Showing the Cost of Goods Sold

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