Cynthia Brown Enter the appropriate amounts in the gray-shaded cells of columns E and F. E
The cost of goods sold in March 2010 for Targé Co. was $2,644,100.
March 31 Work in Process Inventory was 25 percent of the March 1 Work in Process Inventory. Overhead was 225 percent of direct labor cost. During March, $1,182,000 of direct material was purchased.
Other March information follows:
Inventories March 1 March 31
Direct Material $ 30,000 $ 42,000
Work in Process 90,000 ?
Finished Goods 125,000 18,400
a. Prepare a schedule of the cost of goods sold for March.
b. Prepare the March cost of goods manufactured schedule.
c. What was the amount of prime cost incurred in March?
d. What was the amount of conversion cost incurred in March?
I only need to figure out the Direct Labor cost
I have the other info for the attached spread sheet schedule please see and help me with the direct labor cost only thanks