Show Me How Statement of Cost of Goods Manufactured for a Manufacturing Company E Print Item Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 $144,630 Materials Work in process Finished goods $162,500 110,500 82,880 98,350 98,350 $292,500 312,000 31,200 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 18,850 6,500 5,200 4,550 8,450 a. Prepare a cost of goods manufactured statement for March Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct materials: 0000 Il Factory overhead: Total factory overhead Factory overhead: Il Q00000 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