Jasper, Inc reports the following cost information for March
Cost of Goods Manufactured $74,100
Manufacturing Overhead 18,500
Finished Goods Inventory, March 1 4,000
Finished Goods Inventory, March 31 2,700
Work-in-Process Inventory, March 1 9,800
Work-in-Process Inventory, March 31 1,400
Direct Materials Used 25,200
What is the cost of goods sold for March?
A) $3,100
B) $72,800
C) $75,400
D) $78,100
C .C)
Finished Goods Inventory, March 1 $4,000
Cost of Goods Manufactured 74,100
Finished Goods Inventory, March 31 (2,700 )
Cost of Goods Sold $75,400
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