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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 follows:
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: DATA Inventories March 1 March 31 Materials $206,400 $189,780 Work in process 428,420 501,630 Finished goods 576, 160 605,310 Direct labor $3,440,000 Materials purchased during March 2,620,490 Factory overhead incurred during March: Indirect labor 314,510 Machinery depreciation 206,400 Heat, light, and power 172,000 Supplies 34,300 Property taxes 29,480 Miscellaneous costs 44,920 Select the corresponding accounts in the dropdowns in cells B26, B28:B33, B35:B40, B44. Using formulas and cell references, perform the required analysis, and input your answers into the green cells in the C, D, and E columns. Transfer the numeric results for the green entry cells (E26, C28:C31, D32:D33, C35:C40, D41, E42:E45, C47) into the appropriate fields in CNOWv2 for grading. Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Formulas a. Direct materials: Factory overhead Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured b. Cost of goods sold for March
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