The following information is available for Keystone Manufacturing Company.
|
|
March 1
|
March 31
|
Raw material inventory
|
|
$12,000
|
$10,000
|
Work in process inventory
|
|
2,500
|
4,000
|
Materials purchased in March
|
$ 90,000
|
|
|
Direct labor in March
|
75,000
|
|
|
Manufacturing overhead in March
|
220,000
|
|
|
Prepare the cost of goods manufactured schedule for the month of March.