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 $

$187$

$,$

$200$

$$ $

$172$

$,$

$130$

$$

Work in process

$388$

$,$

$570454$

$,$

$970$

$$

Finished goods

$522$

$,$

$560549$

$,$

$020$

$$

Direct labor $

$3$

$,$

$120$

$,$

$000$

$$

Materials purchased during March

$2$

$,$

$376$

$,$

$720$

$$

Factory overhead incurred during March:

$$Indirect labor

$285$

$,$

$250$

$$

$$Machinery depreciation

$187$

$,$

$200$

$$

$$Heat$,$ light, and power

$156$

$,$

$000$

$$

$$Supplies

$31$

$,$

$110$

$$

$$Property taxes

$26$

$,$

$740$

$$

$$Miscellaneous costs

$40$

$,$

$740$

$$

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.

Open spreadsheet

Prepare a cost of goods manufactured statement for March. Round your answers to the nearest dollar.

Johnstone Manufacturing Company

Statement of Cost of Goods Manufactured

For the Month Ended March

$31$

$ fill in the blank

$3$

Direct materials:

$$

$ fill in the blank

$5$

$$

$$

fill in the blank

$7$

$$

$$

$ fill in the blank

$9$

$$

$$

fill in the blank

$11$

$$

$$

$ fill in the blank

$13$

$$

fill in the blank

$15$

$$

Factory overhead:

$$

$ fill in the blank

$17$

$$

$$

fill in the blank

$19$

$$

$$

fill in the blank

$21$

$$

$$

fill in the blank

$23$

$$

$$

fill in the blank

$25$

$$

$$

fill in the blank

$27$

$$

$$ Total factory overhead fill in the blank

$28$

$$

Total manufacturing costs incurred during March fill in the blank

$29$

Total manufacturing costs $ fill in the blank

$30$

fill in the blank

$32$

Cost of goods manufactured $ fill in the blank

$33$

Determine the cost of goods sold for March. Round your answer to the nearest dollar.

$fill in the blank

$34$