B.7 KB) 780 Chapter 15 introduction to Managerial Accounting Va. Cost of goods manufactured, $6,924,200 Obj. 3 EX 15-15 Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: SHOW ME HOW EXCES TEMPLATE Inventories Materials March 1 March 31 $210,000 $193,100 Work in process 435,900 510,400 Finished goods 586,200 615,900 Direct labor Materials purchased during January Factory overhead incurred during January: $3,500,000 2,666,200 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for March. b. Determine the cost of goods sold for March. 320,000 210,000 175.000 34,900 30,000 45,700