15. EJERCICIO #5 (10 PUNTOS)
Zoe Corporation has the following information for the month of March:
Purchases
$ 92,000
Materials inventory, March 1
6,000
Materials inventory, March 31
8,000
Direct labor-
25,000
Factory overhead
37,000
Work in process, March 1
22,000
Work in process, March 31
23,500
Finished goods inventory, March 1
21,000
Finished goods inventory, March 31
30,000
Sales
257,000
Sales and administrative expenses
79,000
Prepare (a) a schedule of cost of goods manufactured, (b) an income statement for the month ended
March 31, and (c) the inventory section of the balance sheet.