Determine the cost of goods sold for March. Round your answer to the nearest dollar.
1. 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 March 1 March 31 Materials $220,800 $203,030 Work in process 458,310 536,650 Finished goods 616,350 647,570 Direct labor $3,680,000 Materials purchased during March 2,803,310 Factory overhead incurred during […]