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 $221,750 $197,360 Work in process 150,790 134,200 Finished goods 113,090 132,230 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $399,150 425,760 42,580 25,720 8,870 7,100 6,210 11,530 a. Prepare a cost of goods manufactured statement for March,