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StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Beginning Inventory Ending Inventory Raw

StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March:

Beginning Inventory Ending Inventory
Raw materials $ 29,200 $ 25,900
Work in process 21,500 45,700
Finished goods 78,000 69,300

Additional information for the month of March follows:

StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March:

Raw materials purchases $ 40,900
Indirect materials used 1,500
Direct labor 63,400
Manufacturing overhead applied 35,600
Selling, general, and administrative expenses 24,900
Sales revenue 238,000

Required: 1. Based on the above information, prepare a cost of goods manufactured report.

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