eBook Show Me How Office 306 Calculator Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 Materials $187,200 Work in process 388,570 Finished goods 522,560 March 31 $172,130 454,970 549,020 Direct labor $3,120,000 Materials purchased during March 2,376,720 Factory overhead incurred during March: Indirect labor 285,250 Machinery depreciation 187,200 Heat, light, and power 156,000 Supplies 31,110 Property taxes 26,740 Miscellaneous costs 40,740 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet a. Prepare a cost of goods manufactured statement for March. Round your answers to the nearest dollar Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Check My Work n/takeAssignment/assignmentOverview.do Office 365 Calculator [REQUIREDJ Chapter 15 Homework eBook Show Me How Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Work in process inventory, March 1 Direct materials: Materials inventory, March 1 Purchases Cost of materials available for use Materials inventory, March 31 Cost of direct materials used in production Direct labor Factory overhead: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Work in process inventory, March 31 Cost of goods manufactured $ b. Determine the cost of goods sold for March. Round your answer to the nearest dollar. eBook Show Me How Office 306 Calculator Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 Materials $187,200 Work in process 388,570 Finished goods 522,560 March 31 $172,130 454,970 549,020 Direct labor $3,120,000 Materials purchased during March 2,376,720 Factory overhead incurred during March: Indirect labor 285,250 Machinery depreciation 187,200 Heat, light, and power 156,000 Supplies 31,110 Property taxes 26,740 Miscellaneous costs 40,740 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. X Open spreadsheet a. Prepare a cost of goods manufactured statement for March. Round your answers to the nearest dollar Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Check My Work n/takeAssignment/assignmentOverview.do Office 365 Calculator [REQUIREDJ Chapter 15 Homework eBook Show Me How Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Work in process inventory, March 1 Direct materials: Materials inventory, March 1 Purchases Cost of materials available for use Materials inventory, March 31 Cost of direct materials used in production Direct labor Factory overhead: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Work in process inventory, March 31 Cost of goods manufactured $ b. Determine the cost of goods sold for March. Round your answer to the nearest dollar
