Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Johnstone Manufacturing Company...

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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 $173,500 $152,680 Work in process 116,250 102,300 Finished goods 90,220 103,820 Direct labor Materials purchased during March Factory overhead incurred during March: $312,300 333,120 Indirect labor 33,310 < Machinery depreciation 20,130 Heat, light, and power 6,940 Supplies 5,550 Property taxes 4,860 Miscellaneous costs 9,020 Miscellaneous costs 9,020 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 Direct materials: Factory overhead: Total factory overhead Total manufacturing costs incurred during March 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. Check My Work 000300 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 $173,500 $152,680 Work in process 116,250 102,300 Finished goods 90,220 103,820 Direct labor Materials purchased during March Factory overhead incurred during March: $312,300 333,120 Indirect labor 33,310 < Machinery depreciation 20,130 Heat, light, and power 6,940 Supplies 5,550 Property taxes 4,860 Miscellaneous costs 9,020 Miscellaneous costs 9,020 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 Direct materials: Factory overhead: Total factory overhead Total manufacturing costs incurred during March 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. Check My Work 000300