Information from the Records of the Fisher Enterprises for the Month

question 2

Essay

Information from the records of the Fisher Enterprises for the month of March is as follows:
$\begin{array}{lr}\text { Purchases of direct materials } & \$ 54,000 \\\text { Indirect labour } & 15,000 \\\text { Direct labour } & 31,200 \\\text { Depreciation on machinery } & 9,000 \\\text { Sales } & 165,900 \\\text { Selling and administrative expenses } & 18,900 \\\text { Rent on factory building } & 21,000\end{array}$ $$\begin{array} { l r r } && \underline { \text { Irventaries } } \\ &\underline { \text { March } 1 }& \underline {\text { March } 31} \\\text { Direct materials } &\$24,000&\$26,100\\\text { Wark in pracess } & 6,300 & 9,600 \\\text { Finished goods } & 15,000 & 17,100\end{array}$$
a.Prepare a statement of cost of goods manufactured for the month of March.
b.Prepare an income statement for the month of March.
c.Determine prime and conversion costs.

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Definitions:

Bedtime Rituals

Pre-sleep routines or habits practiced to enhance the quality of sleep, such as reading or meditating.

Constructive Feedback

Information provided to an individual about their performance or behavior aimed at encouraging improvement without being overly critical.

Passive

Characterized by inaction or lack of active response, often implying acceptance or submission.

Poor Listening

The inadequate ability to accurately receive or interpret messages during the communication process.