StorSmart Company makes plastic organizing bins. The company has
the following inventory balances at the beginning and end of
March:
Beginning Inventory
Ending Inventory
Raw Materials
29,100
26,900
Work in process
22,900
45,300
Finished goods
78,300
69,300
Additional information for the month of March follows:
Raw materials purchases
41,600
Indirect materials used
1,100
Direct labor
63,400
Manufacturing overhead applied
35,900
Selling, general, and administrative expenses
23,800
Sales Revenue
237,000
Required:
1. Based on the above information, prepare a cost of...