Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company for th month ended March 31 are as follows: Inventories March 1 March 31 Materials 5210,000 $199,00 Work in process 43,900 570,400 Finished goods 586.200 $15.900 Direct labor $3.500.000 Material purchased during March 2.666,200 Factory overhead incurred during March Indirect labor 320,000 Machinery depreciation 210.000 Heat, and power 175.000 Supplies 34,900 Property taxes 30,000 Miscellaneous costs 45,700 a. Prepare a cost of goods manufactured statement fo March. Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 3: Direct material Factory overhead Total factory overed Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured b. Determine the cost of goods sold for March