Inventories Materials Work in process Finished goods March 1 $217,200 450,840 606,300 March 31 $199,720 527,900 637,020 $3,620,000 2,757,610 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 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. 330,970 217,200 181,000 36,090 31,020 47,270 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 Work in process inventory, March 1 450,840 Direct materials: Materials inventory, March 1 $ 217,200 Purchases 2,757,610 v Cost of materials available for use $ Factory overhead: Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured b. Determine the cost of goods sold for March. Round your answer to the nearest dollar