4) Cost data for Firetree Manufacturing Company for the month ended March 31 are as follows:

Inventories	March 1	March 31
Materials	$196,750	$171,170
Work in process	135,760	118,110
Finished goods	102,310	114,680

Line Item Description	Amount
Direct labor	$354,150
Materials purchased during March	377,760

Line Item Description	Amount
Indirect labor	37,780
Machinery depreciation	22,820
Heat, light, and power	7,870
Supplies	6,300
Property taxes	5,510
Miscellaneous costs	10,230

Question Content Area

a. Prepare a cost of goods manufactured statement for March.

Costs Type	Amount	Amount	Amount
Indirect laborMachinery depreciationSuppliesWork in process inventory, March 1Work in process inventory, March 31			$- Select -
Direct materials:
Machinery depreciationMaterials inventory, March 1SuppliesWork in process inventory, March 1Work in process inventory, March 31	$- Select -
Indirect laborProperty taxesPurchasesWork in process inventory, March 1Work in process inventory, March 31	- Select -
Cost of materials available for useIndirect laborSuppliesWork in process inventory, March 1Work in process inventory, March 31	$- Select -
Indirect laborMaterials inventory, March 31Miscellaneous costsWork in process inventory, March 1Work in process inventory, March 31	- Select -
Cost of direct materials used in productionMaterials inventory, March 1Total manufacturing costsWork in process inventory, March 1Work in process inventory, March 31		$- Select -
Direct laborIndirect laborMachinery depreciationSuppliesWork in process inventory, March 31		- Select -
Factory overhead:
Direct laborIndirect laborMaterials inventory, March 1Materials inventory, March 31Purchases	$- Select -
Direct laborMachinery depreciationPurchasesWork in process inventory, March 1Work in process inventory, March 31	- Select -
Direct laborHeat, light, and powerMaterials inventory, March 1Work in process inventory, March 1Work in process inventory, March 31	- Select -
Direct laborMaterials inventory, March 1PurchasesSuppliesWork in process inventory, March 31	- Select -
Materials inventory, March 31Property taxesPurchasesWork in process inventory, March 1Work in process inventory, March 31	- Select -
Direct materialsMiscellaneous costsPurchasesWork in process inventory, March 1Work in process inventory, March 31	- Select -
Total factory overhead		Total factory overhead
Total manufacturing costs incurred during March			Total manufacturing costs incurred during March
Total manufacturing costs			$Total manufacturing costs
Cost of materials available for useDirect materialsMaterials inventory, March 31Work in process inventory, March 1Work in process inventory, March 31			- Select -
Cost of goods manufactured			$Cost of goods manufactured

Question Content Area

b. Determine the cost of goods sold for March. fill in the blank 1 of 1$ 3) Income Statement for a Manufacturing Company

Two items are omitted from each of the following three lists of cost of goods sold data from a manufacturing company income statement. Determine the amounts of the missing items, identifying them by letter.

Line Item Description	Amount	Amount	Amount
Finished goods inventory, June 1	$68,100	$23,800	(e)
Cost of goods manufactured	313,300	(c)	83,300
Cost of finished goods available for sale	(a)	$226,100	$130,900
Finished goods inventory, June 30	74,000	47,500	(f)
Cost of goods sold	(b)	(d)	$120,400

Item	Amount
a.	$fill in the blank 1
b.	$fill in the blank 2
c.	$fill in the blank 3
d.	$fill in the blank 4
e.	$fill in the blank 5
f.	$fill in the blank 6

2) Cost of Goods Manufactured for a Manufacturing Company

Two items are omitted from each of the following three lists of cost of goods manufactured statement data. Determine the amounts of the missing items, identifying them by letter.

Costs Type	Amount	Amount	Amount
Work in process inventory, August 1	$4,100	$33,200	(e)
Total manufacturing costs incurred during August	29,900	(c)	194,200
Total manufacturing costs	(a)	$388,400	$210,800
Work in process inventory, August 31	6,500	81,600	(f)
Cost of goods manufactured	(b)	(d)	$177,100

Item	Amount
a.	$fill in the blank 1
b.	$fill in the blank 2
c.	$fill in the blank 3
d.	$fill in the blank 4
e.	$fill in the blank 5
f.	$fill in the blank 6