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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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