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Help with this please Inventories March 1 March 31 Materials $224,400 $206,340 Work in process 465,790 545,400 Finished goods 626,400 658,130 Direct labor $3,740,000 Materials

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Inventories March 1 March 31
Materials $224,400 $206,340
Work in process 465,790 545,400
Finished goods 626,400 658,130
Direct labor $3,740,000
Materials purchased during March 2,849,020
Factory overhead incurred during March:
Indirect labor 341,940
Machinery depreciation 224,400
Heat, light, and power 187,000
Supplies 37,290
Property taxes 32,050
Miscellaneous costs 48,840
Johnstone Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended March 31
Indirect laborMachinery depreciationSuppliesWork in process inventory, March 1Work in process inventory, March 1

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