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:							undefined
DATA
Inventories		March 1	March 31
Materials		$192,000	$176,540
Work in process		398,530	466,630
Finished goods		535,960	563,080
Direct labor			$3,200,000
Materials purchased during March			2,437,660
Factory overhead incurred during March:
Indirect labor			292,570
Machinery depreciation			192,000
Heat, light, and power			160,000
Supplies			31,900
Property taxes			27,420
Miscellaneous costs			41,780
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.							undefined
	Johnstone Manufacturing Company
	Statement of Cost of Goods Manufactured
	For the Month Ended March 31				Formulas		undefined
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