P1. The following information is available for Keystone Company (4 pts.). March 1 March 31 Raw materials inventory $13,000 $12,000 Work in process inventory .000 4,000 $ 90,000 Materials purchased in March Direct labor in March Manufacturing overhead in March 80,000 220,000 What is the cost of goods manufactured for the month of March 2022? Tip to calculate Cost of Goods Manufactured: Start with beginning work in process as the first item in the cost of goods manufactured schedule. What is the cost of goods manufactured for the month of March 2022? Tip to calculate Cost of Goods Manufactured: Start with beginning work in process as the first item in the cost of goods manufactured schedule. Sum direct materials used, direct labor, and manufacturing overhead to determine total manufacturing costs. Sum beginning work in process and total manufacturing costs to determine total cost of work in process Cost of goods manufactured is the total cost of work in process less ending work in process TTT Arial 3 (12pt) T e os