69 Cost of Goods Sold, Cost of Goods Manufactured Sandbagger Company has the following information for March: Cost of direct materials used in production $ 37,000 Direct labor 42,000 Factory overhead 28,000 Work in process inventory, March 1 28,000 Work in process inventory, March 31 31,000 Finished goods inventory, March 1 27,000 Finished goods inventory, March 31 19,000 a. For March, determine the cost of goods manufactured. b. For March, determine the cost of goods sold.