Timbuk 3 Company has the following information for March:

Cost of direct materials used in production $37,000
Direct labor 50,000
Factory overhead 29,000
Work in process inventory, March 1 30,000
Work in process inventory, March 31 37,960
Finished goods inventory, March 1 26,000
Finished goods inventory, March 31 16,000

For the month of March, determine:

a. cost of goods manufactured
b. cost of goods sold

a. $108,040

b. $118,040

Explanation:

The computation is shown below:

a. For cost of goods manufactured, it is

= Direct materials used + Direct labor cost + Manufacturing overhead cost + beginning work-in-process inventory - ending work-in-process inventory

= $37,000 + $50,000 + $29,000 + $30,000 - $37,960

= $108,040

b. And, the cost of goods sold is

= Beginning finished Inventory + Cost of goods manufactured - Ending finished Inventory

= $26,000 + $108,040 - $16,000

= $118,040

We simply applied the above formulas

answer: a. the kind of population living in your neighbourhood.

the census explorer data tool by the us census bureau allows the user to zoom in on any neighbourhood within the united states and find the kind of people residing in that by race and age.  

the tool needs to needs to be used twice – once in order to find what type of people reside in a neighbourhood, and then to see the age groups of the people in the same neighbourhood.

answer; a set of mutual funds with similar risk characteristics to your mutual fund;