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Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $183,500 $155,980 121,110 102,950
Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $183,500 $155,980 121,110 102,950 Work in process Finished goods 95,420 104,510 $330,300 352,320 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor 35,230 Machinery depreciation 21,290 Heat, light, and power 7,340 Supplies Property taxes Miscellaneous costs 5,870 5,140 9,540 a. Prepare a cost of goods manufactured statement for March Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct materials: 9 Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct materials: Factory overhead: his Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs 0. Check My Work ebook Show Me How Factory overhead: 0 Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured b. Determine the cost of goods sold for March Ced My Work
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