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Statement of cost of goods manufacturedfor a manufacturing company Costdata for Johnstone Manufacturing Company for the month ended March 31 are as follows: InventoriesMarch 1March

Statement of cost of goods manufacturedfor a manufacturing company

Costdata for Johnstone Manufacturing Company for the month ended March 31 are as follows:

InventoriesMarch 1March 31Materials$195,600$179,850Work in process406,010475,380Finished goods546,010573,640

Direct labor$3,260,000Materials purchased during March2,483,370Factory overhead incurred during March:Indirect labor298,050Machinery depreciation195,600Heat, light, and power163,000Supplies32,500Property taxes27,940Miscellaneous costs42,570

  1. Johnstone Manufacturing CompanyStatement of Cost of Goods ManufacturedFor the Month Ended March 31
  2. Work in process inventory, March 1$

  1. Direct materials:
  2. Materials inventory, March 1$

  1. Purchases$

  1. Cost of materials available for use$

  1. Materials inventory, March 31$

  1. Cost of direct materials used in production$

  1. Direct labor$

  1. Factory overhead:
  2. Indirect labor$

  1. Machinery depreciation$

  1. Heat, light, and power$

  1. Supplies$

  1. Property taxes$

  1. Miscellaneous costs$

  1. Total factory overhead $
  2. Total manufacturing costs incurred during March $
  3. Total manufacturing costs$
  4. Work in process inventory, March 31$

  1. Cost of goods manufactured$
  2. Determine the cost of goods sold for March. Round your answer to the nearest dollar.$

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