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

Inventories March $1$ March $31$

Materials $$240,000$ $$195,200$

Work in process $428,700510,400$

Finished goods $582,100614,400$

Line Item Description Amount

Direct labor $$3,200,000$

Materials purchased during March $2,673,500$

Factory overhead incurred during March:

Line Item Description Amount

Indirect labor $320,000$

Machinery depreciation $213,000$

Heat, light, and power $174,000$

Supplies $36,100$

Property taxes $30,000$

Miscellaneous costs $48,200$

Question Content Area

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

Firetree Manufacturing Company

Statement of Cost of Goods Manufactured

For the Month Ended March $31$

Costs Type Amount Amount Amount

$$-$ Select $-$

Direct materials:

$$-$ Select $-$

$-$ Select $-$

$$-$ Select $-$

$-$ Select $-$

$$-$ Select $-$

$-$ Select $-$

Factory overhead:

$$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

$-$ Select $-$

$-$ 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

$-$ Select $-$

Cost of goods manufactured $Cost of goods manufactured

Question Content Area

b$.$ Determine the cost of goods sold for March.