Statement of Cost of Goods Manufactured for a Manufacturing CompanyCost data for Johnstone Manufacturing Company for the month ended March 31 are as follows:

Inventories March 1 March 31 Materials $210,000 $193,100 Work in process 435,900 510,400 Finished goods 586,200 615,900

Direct labor $3,500,000 Materials purchased during March 2,666,200 Factory overhead incurred during March: Indirect labor 320,000 Machinery depreciation 210,000 Heat, light, and power 175,000 Supplies 34,900 Property taxes 30,000 Miscellaneous costs 45,700 a.Prepare a cost of goods manufactured statement for March.

Johnstone Manufacturing CompanyStatement of Cost of Goods ManufacturedFor the Month Ended March 31