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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 $306,000 $277,800 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 $306,000 $277,800 Work in process 214,600 240,000 Finished goods 163,400 187,300 March 31 Direct labor $560,000 Materials purchased during the month 604,000 Factory overhead incurred during the month: Indirect labor 60,500 Machinery depreciation 34,000 Heat, light, and power 13,700 Supplies 8,440 8,000 Property taxes 16,300 Miscellaneous costs 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
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