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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: Inventories Materials Work in process Finished goods March 31 $198,610 March 1 $216,000 448,350 602,950 524,970 633,480 $3,600,000 2,742,370 Direct labor Material purchased during March Factory overhead incurred during March Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 329,140 216,000 130,000 35,890 20,850 47,010 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: III III Total factory overhead Total manufacturing costs incurred during March Total manufacturing costs Cost of goods manufactured b. Determine the cost of goods sold for March. Round your answer to the nearest dollar
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