Inventories	March 1	March 31
Materials		$206,400			$189,780
Work in process		428,420			501,630
Finished goods		576,160			605,310
Direct labor		$3,440,000
Materials purchased during March		2,620,490
Factory overhead incurred during March:
Indirect labor		314,510
Machinery depreciation		206,400
Heat, light, and power		172,000
Supplies		34,300
Property taxes		29,480
Miscellaneous costs		44,920

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.