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:

Auscultation

A clinical technique of listening to the internal sounds of the body, usually using a stethoscope, as part of a medical examination.

Genitourinary Examination

A medical evaluation of the genital and urinary systems to identify or rule out pathological conditions.

Uncircumcised Glans Penis

The tip of the penis covered by the foreskin, which has not been removed by circumcision.

Sexually Transmitted Infection

Infectious process spread through sexual contact, including oral, genital, or anal sexual activity.