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 Materials Work in process Finished goods March 1 $211,200 March 31 $194,200 438,390. 513,310 589,550 619,410 Direct labor $3,520,000 Materials purchased during March 2,681,430 Factory overhead incurred during March: 1 Indirect labor 321,820 Machinery depreciation 211,200 Heat, light, and power 176,000 Supplies 35,090 Property taxes 30,170 Miscellaneous costs 45,960 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. X Open spreadsheet