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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 $305,000 $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 $305,000 $277,200

Work in process 214,200 238,600

Finished goods 162,800 190,500

March 31

Direct labor $562,000

Materials purchased during the month 607,000

Factory overhead incurred during the month:

Indirect labor 60,600

Machinery depreciation 36,000

Heat, light, and power 12,900

Supplies 8,100

Property taxes 8,720

Miscellaneous costs 16,300

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

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