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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
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 March 1 March 31 $228,500 $203,370 Work in process 150,810 134,220 Finished goods 118,820 136,260 Direct labor Materials purchased during March Factory overhead incurred during March:1 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $411.300 438.720 43,870 26.510 9,140 7,310 6,400 11,880 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:
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