Solved

Jasper,Inc What Is the Cost of Goods Sold for March?
A)

Question 44

Multiple Choice

Jasper,Inc.reports the following cost information for March:  Cost of Goods Manufactured $74,100 Manufacturing Overhead 18,800 Finished Goods Inventory, March 1 4,500 Finished Goods Inventory, March 31 2,000 Work-in-Process Inventory, March 1 9,100 Work-in-Process Inventory, March 31 1,100 Direct Materials Used 25,600\begin{array} { | l | r | } \hline \text { Cost of Goods Manufactured } & \$ 74,100 \\\hline \text { Manufacturing Overhead } & 18,800 \\\hline \text { Finished Goods Inventory, March 1 } & 4,500 \\\hline \text { Finished Goods Inventory, March 31 } & 2,000 \\\hline \text { Work-in-Process Inventory, March 1 } & 9,100 \\\hline \text { Work-in-Process Inventory, March 31 } & 1,100 \\\hline \text { Direct Materials Used } & 25,600 \\\hline\end{array} What is the cost of goods sold for March?


A) $2,300
B) $71,600
C) $76,600
D) $78,600

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions