Statement of cost of goods n'anufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for the month ended March 31 are as follows: Inventories March 1 March 31 Materials $201,600 $185,370 Work in process 418,450 489,970 Finished goods 562,750 591,250 Direct labor $3,360,000 Materials purchased during March 2,559,550 Factory overhead incurred during March: Indirect labor 307,200 Machinery depreciation 201,600 Heat, light, and power 158,000 Supplies 33,500 Property taxes 28,800 Miscellaneous costs 43,870 This information has been collected in the Microsoft Excel Dnline 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 Statement of Cost of Goods Manufactured For the Month Ended March 31 Direct materials: $ Factory overhead: to 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