Zoe corporation has the following information for the month of march: purchases $ 92,000materials inventory, march 1 6,000materials inventory, march 31 8,000direct labor 25,000factory overhead 37,000work in process, march 1 22,000work in process, march 31 23,500finished goods inventory, march 1 21,000finished goods inventory, march 31 30,000sales 257,000sales and administrative expenses 79,000prepare (a) a schedule of cost of goods manufactured and (b) an income statement for the month.

Instructions are listed below

Explanation:

Giving the following information:

Materials inventory, March 1 6,000

Materials inventory, March 31 8,000

Work in process, March 1 22,000

Work in process, March 31 23,500

Finished goods inventory, March 1 21,000

Finished goods inventory, March 31 30,000

Direct labor 25,000

Factory overhead 37,000

Purchases $ 92,000

Sales 257,000

Sales and administrative expenses 79,000

A) Cost of goods manufactured:

beginning WIP= 22000

Direct materials= (6000 + 92000 - 8000)= 90,000

Direct labor= 25000

Allocated manufacturing overhead= 37000

Ending WIP= 23500 (-)

Total= 150,500

B) First, we need to calculate the cost of goods sold:

COGS= beginning finished inventory + cost of goods manufactured - ending finished inventory= 21000 + 150500 - 30000= $141,500

Income statement:

Sales= 257,000

COGS= 141500

Gross profit= 115,500

Sales and administrative expenses 79,000

Net operating profit= $36,500

the correct answer would be b, when, queen, calder hall and london.

explanation:

we always capitalize words when a paragraph or sentence is starting, when an important name is used, when a place is being written, or simply when a noun is used, etc. so in this sentence, sentence is starting from 'when', so it will be written in capital letters. secondly, queen is considered to be an important person, so it will also be written in capital letter. next, the name of the town is mentioned, i-e calder hall, which will also be written in capital letters. in the last,   city name is being used, 'london', which will also be written in capital letters. so option b is the most appropriate one.

answer; (a) searching for information can be done quickly;