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Cost data for Mix-A-Lot Manufacturing Company for the month ended March 31, 2016, are as follows: Inventories March 1 March 31 Materials $315,000 $277,200 Work

Cost data for Mix-A-Lot Manufacturing Company for the month ended March 31, 2016, are as follows:

Inventories March 1 March 31
Materials $315,000 $277,200
Work in process 214,200 239,400
Finished goods 163,800 189,000
March 31
Direct labor $567,000
Materials purchased during May 604,800
Factory overhead incurred during May:
Indirect labor 60,480
Machinery depreciation 36,000
Heat, light, and power 12,600
Supplies 10,080
Property taxes 8,820
Miscellaneous costs 16,380
Required:
A. Prepare a cost of goods manufactured statement for March 2016. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Less or Plus will automatically appear if it is required. Enter all amounts as positive numbers.
B. Determine the cost of goods sold for March 2016.

Statement of Cost of Goods Manufactured

Prepare a cost of goods manufactured statement for March 2016. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. Less or Plus will automatically appear if it is required. Enter all amounts as positive numbers.

Mix-A-Lot Manufacturing Company

Statement of Cost of Goods Manufactured

For the Month Ended March 31, 2016

1

2

Direct materials:

3

4

5

Cost of materials available for use

6

7

Cost of direct materials used

8

9

Factory overhead:

10

11

12

13

14

15

16

Total factory overhead

17

Total manufacturing costs incurred

18

Total manufacturing costs

19

20

Cost of goods manufactured

Cost of Goods Sold

Determine the cost of goods sold for March 2016.

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