Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone Manufacturing Company for th

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Statement Of Cost Of Goods Manufactured For A Manufacturing Company Cost Data For Johnstone Manufacturing Company For Th 1 (28.66 KiB) Viewed 12 times

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 Direct labor Materials purchased during March Factory overhead incurred during March Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs March 1 $216,000 448,350 602,950 Direct materials: March 31 $198.610 $24,970 633,480 This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Factory overhead: $3,500,000 2,742,370 Open spreadsheet a. Prepare a cost of goods manufactured statement for March. Round your answers to the Total factory over Total manufacturing costs incurred during March Total manufacturing costs 329,140 216,000 180,000 35,990 30,050 47,000 Johnstone Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended March 31 Cost of goods manufactured b. Determine the cost of goods sold for March. Round your answer to the nearest dollar.