Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 3 are as follows Inventories Materials Work in process Finished goods March 1 $194,400 403,520 542,660 March 31 $178,750 472.470 570,130 Direct labor $3,240,000 Materials purchased during March 2,468,130 Factory overhead incurred during March Indirect labor 206,230 Machinery depreciation 194,400 Heat, light, and power 162,000 Supplies 32,300 Property taxes 27,770 Miscellaneous costs 42,310 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: Factory overhead 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. Round your answer to the nearest dollar