Statement of cost of goods manufactured for a manufacturing company March 31 Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 Materials $217,200 Work in process 450,840 Finished goods 606,300 $199,720 527,900 637,020 Direct labor $3,620,000 Materials purchased during March 2,757,610 Factory overhead incurred during March: Indirect labor 330,970 Machinery depreciation 217,200 Heat, light, and power 181,000 Supplies 36,090 Property taxes 31,020 Miscellaneous costs 47,270 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 a. 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 Direct materials: Factory overhead: Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured $ Cost of goods manufactured b. Determine the cost of goods sold for March. Round your answer to the nearest dollar