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 $212,000 $184,440 Work in process 139,920 121,730 Finished goods 108,120 125,420 Direct labor Materials purchased during March Factory overhead incurred during March: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $381,600 407,040 40,700 24,590 8,480 6,780 5,940 11,020 a. Prepare a cost of goods manufactured statement for March.