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

Inventories	March 1	March 31
Materials	$311,000	$276,000
Work in process	214,400	238,400
Finished goods	163,400	190,000

	March 31
Direct labor	$560,000
Materials purchased during the month	608,000
Factory overhead incurred during the month:
Indirect labor	60,860
Machinery depreciation	35,000
Heat, light, and power	12,600
Supplies	8,580
Property taxes	8,680
Miscellaneous costs	16,460

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.

Amount Descriptions

Direct labor

Finished goods inventory, March 1, 2016

Finished goods inventory, March 31, 2016

Heat, light, and power

Indirect labor

Machinery depreciation

Materials inventory, March 1, 2016

Materials inventory, March 31, 2016

Miscellaneous cost

Property taxes

Purchases

Supplies

Work in process inventory, March 1, 2016

Work in process inventory, March 31, 2016

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			Determine the cost of goods sold for March 2016. show work please