Statement of Cost of Goods Manufactured for a Manufacturing Company

Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows:

Inventories	March 1		March 31
Materials	$171,750		$145,990
Work in process	118,510		100,730
Finished goods	87,590		99,270

Direct labor		$309,150
Materials purchased during March		329,760
Factory overhead incurred during March:
	Indirect labor	32,980
	Machinery depreciation	19,920
	Heat, light, and power	6,870
	Supplies	5,500
	Property taxes	4,810
	Miscellaneous costs	8,930

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
			$fill in the blank e1b533fd4ff4fd9_2
Direct materials:
	$fill in the blank e1b533fd4ff4fd9_4
	fill in the blank e1b533fd4ff4fd9_6
	$fill in the blank e1b533fd4ff4fd9_8
	fill in the blank e1b533fd4ff4fd9_10
		$fill in the blank e1b533fd4ff4fd9_12
		fill in the blank e1b533fd4ff4fd9_14
Factory overhead:
	$fill in the blank e1b533fd4ff4fd9_16
	fill in the blank e1b533fd4ff4fd9_18
	fill in the blank e1b533fd4ff4fd9_20
	fill in the blank e1b533fd4ff4fd9_22
	fill in the blank e1b533fd4ff4fd9_24
	fill in the blank e1b533fd4ff4fd9_26
Total factory overhead		fill in the blank e1b533fd4ff4fd9_27
Total manufacturing costs incurred during March			fill in the blank e1b533fd4ff4fd9_28
Total manufacturing costs			$fill in the blank e1b533fd4ff4fd9_29
			fill in the blank e1b533fd4ff4fd9_31
Cost of goods manufactured			$fill in the blank e1b533fd4ff4fd9_32

b. Determine the cost of goods sold for March. $fill in the blank e79b2dfd7063f83_1