Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: March 1 March 31 $188,680 Inventories Materials Work in process Finished goods $205,200 425,930 572,810 498,720 601,800 Direct labor $3,420,000 2,605,250 Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 312,680 205,200 171,000 34,100 29,310 44,660 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Prepare a cost of goods manufactured statement for March. Round your answers to the nearest dollar. Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Work in process inventory, March 1 $ Direct materials: Materials inventory, March 1 Purchases Cost of materials available for use $ Check My Work Open spreadsheet a. Prepare a cost of goods manufactured statement for March. Round your answers to the nearest dollar. $ = Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Work in process inventory, March 1 Direct materials: Materials inventory, March 1 Purchases Cost of materials available for use Materials inventory, March 31 Cost of direct materials used in production Direct labor Factory overhead: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Work in process inventory, March 31 Cost of goods manufactured $ b. Determine the cost of goods sold for March. Round your answer to the nearest dollar. Feedback Chack My Work