Question Content Area
Cost of Goods Sold, Cost of Goods Manufactured
Timbuk 3 Company has the following information for March:
Cost of direct materials used in production $21,000
Direct labor 54,250
Factory overhead 35,000
Work in process inventory, March 1 87,500
Work in process inventory, March 31 92,750
Finished goods inventory, March 1 36,750
Finished goods inventory, March 31 42,000
