QUESTION 46 Use the following Data for the remaining exam questions: The Whipped Cream Department of the John Kinky Toy Factory has the information below available for the month of March. Identify the missing numbers. An (*) will require a number, but will not be graded. Write your five answers below. Costs of Goods Manufactured 17,000 6,000 Work in process inventory, March 1 Materials, March 1 Purchase of materials Cost of materials available for use Less Materials, March 31 85,000 7,000 Cost of materials placed in production 25,000 Direct Labor Factory Overhead: Indirect Labor 15,000 Indirect Materials 9.000 34,000 Other factory supplies & utilities costs Total Factory Overhead Total manufacturing costs added Total Manufacturing costs Less: Work in Process inventory, March 31 Cost of good Manufactured 18,500 18,300 Less: Work in Process inventory, March 31 Cost of good Manufactured Income Statement Sales 235,000 Finished goods inventory, March 1 21,000 Cost of goods manufactured From Above ** Cost of finished goods available for sale Less: finished good inventory, March 31 23,000 Cost of goods sold Gross Profit $ Less: selling and administrative expenses 78,000 Net Income