Statement of cost of goods manufactured for a manufacturing company… Statement of cost o

Statement of cost of goods manufactured for a manufacturing company… Statement of cost of goods manufactured for a manufacturing companyCost data for Johnstone Manufacturing Company for the month ended March 31 are as follows:InventoriesMarch 1March 31Materials $232,800  $214,060 Work in process 483,220  565,800 Finished goods 649,850  682,760        Direct labor $3,880,000 Materials purchased during March 2,955,670 Factory overhead incurred during March:    Indirect labor 354,740  Machinery depreciation 232,800  Heat, light, and power 194,000  Supplies 38,680  Property taxes 33,250  Miscellaneous costs 50,660 Johnstone Manufacturing CompanyStatement of Cost of Goods ManufacturedFor the Month Ended March 31Indirect laborMachinery depreciationSuppliesWork in process inventory, March 1Work in process inventory, March 1    $fill in the blank 3Direct materials:  Machinery depreciationMaterials inventory, March 1SuppliesWork in process inventory, March 31Materials inventory, March 1$fill in the blank 5      Indirect labor Property taxesPurchasesWork in process inventory, March 31Purchases fill in the blank 7      Cost of materials available for use Less work in process inventory, March 31SuppliesWork in process inventory, March 1Cost of materials available for use $fill in the blank 9      Indirect labor Materials inventory, March 31Miscellaneous costWork in process inventory, March 31Materials inventory, March 31 fill in the blank 11        Cost of direct materials used in productionLess work in process inventory, March 31Materials inventory, March 1Total manufacturing costsCost of direct materials used in production  $fill in the blank 13  Direct laborIndirect laborMachinery depreciationSuppliesDirect labor   fill in the blank 15  Factory overhead:  Indirect laborMaterials inventory, March 1Materials inventory, March 31PurchasesIndirect labor$fill in the blank 17      Direct laborMachinery depreciationPurchasesWork in process inventory, March 31Machinery depreciation fill in the blank 19      Direct laborHeat, light, and powerMaterials inventory, March 1Work in process inventory, March 31Heat, light, and power fill in the blank 21      Direct laborMaterials inventory, March 1PurchasesSuppliesSupplies fill in the blank 23      Materials inventory, March 31Property taxesPurchasesWork in process inventory, March 31Property taxes fill in the blank 25      Direct materialsMiscellaneous costsPurchasesWork in process inventory, March 31Miscellaneous costs fill in the blank 27        Total factory overhead   fill in the blank 28  Total manufacturing costs incurred during March     fill in the blank 29Total manufacturing costs    $fill in the blank 30Cost of materials available for use Direct materialsMaterials inventory, March 31Work in process inventory, March 31Work in process inventory, March 31     fill in the blank 32Cost of goods manufactured    $fill in the blank 33 Determine the cost of goods sold for March. Round your answer to the nearest dollar.$fill in the blank 34  Accounting Business Managerial Accounting ACC 202 Share QuestionEmailCopy link