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The given information comes from the accounting records for Santa Cruz, Inc., for March:

Direct material inventory, March 1$17,200 
Direct material inventory, March 3115,000 
Work-in-process inventory, March 1 9,900 
Work-in-process inventory, March 31 6,800 
Finished goods inventory, March 1 54,100 
Finished goods inventory, March 31 71,700 
Direct materials purchased during March 83,900 
Direct labor costs, March 60,200 
Manufacturing overhead, March 79,200 

a) find out Total prime costs for the month of March.

b) find out the Total conversion costs for the month of March.

c) find out the Total manufacturing costs for the month of March.

d) find out the Cost of goods manufactured for the month of March.

e) find out the Cost of goods sold for the month of March.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M919246

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