March 31 Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 Materials $198,000 Work in process 410,990 Finished goods 552,710 $182,060 481,220 580,690 Direct labor $3,300,000 Materials purchased during March 2,513,840 Factory overhead incurred during March: Indirect labor 301,710 Machinery depreciation 198,000 Heat, light, and power 165,000 Supplies 32,900 Property taxes 28,280 Miscellaneous costs 43,090 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 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 Direct materials: III $