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Jasper Corporation Reports the Following Cost Information for March What Is the Amount of Direct Materials Used by Jasper

question 117

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Jasper Corporation reports the following cost information for March:  Cost of Goods Manufactured $75,000 Manufacturing Overhead 18,250 Finished Goods Inventory, March 1 4,500 Finished Goods Inventory, March 31 2,650 Work-in-Process Inventory, March 1 9,670 Work-in-Process Inventory, March 31 1,250 Direct Labor 36,300\begin{array} { | l | r | } \hline \text { Cost of Goods Manufactured } & \$ 75,000 \\\hline \text { Manufacturing Overhead } & 18,250 \\\hline \text { Finished Goods Inventory, March 1 } & 4,500 \\\hline \text { Finished Goods Inventory, March 31 } & 2,650 \\\hline \text { Work-in-Process Inventory, March 1 } & 9,670 \\\hline \text { Work-in-Process Inventory, March 31 } & 1,250 \\\hline \text { Direct Labor } & 36,300 \\\hline\end{array} What is the amount of direct materials used by Jasper in March?


Definitions:

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