acccounting question 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: InventoriesMarch 1M

acccounting question

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:

InventoriesMarch 1March 31Materials$225,250 $193,720 Work in process155,420 133,670 Finished goods114,880 129,790

Direct labor$405,450Materials purchased during March432,480Factory overhead incurred during March:  Indirect labor43,250 Machinery depreciation26,130 Heat, light, and power9,010 Supplies7,210 Property taxes6,310 Miscellaneous costs11,710

a.  Prepare a cost of goods manufactured statement for March.

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