The given information comes from the accounting records for Santa Cruz, Inc., for March:
Direct material inventory, March 1$17,200
Direct material inventory, March 3115,000
Work-in-process inventory, March 1 9,900
Work-in-process inventory, March 31 6,800
Finished goods inventory, March 1 54,100
Finished goods inventory, March 31 71,700
Direct materials purchased during March 83,900
Direct labor costs, March 60,200
Manufacturing overhead, March 79,200
a) Calculate Total prime costs for the month of March.
b) Calculate the Total conversion costs for the month of March.
c) Calculate the Total manufacturing costs for the month of March.
d) Calculate the Cost of goods manufactured for the month of March.
e) Calculate the Cost of goods sold for the month of March.