Instructions Cost data for Mix-A-Lot Manufacturing Company for the month ended March 31, 2016, are as follows: March 1 March 31 Inventories $305,000 $277,200 Materials Work in process 214,200 238,600 Finished goods 162,800 190,500 March 31 $562,000 Direct labor Materials purchased during the month 607,000 Factory overhead incurred during the month: 60,600 Indirect labor 36,000 Machinery depreciation 12,900 Heat, light, and power 8,100 Supplies 8,720 Property taxes 16,300 Miscellaneous costs