Cost data for Mix-A-Lot Manufacturing Company for the month ended March 31, 2016, are as follows:

Inventories	March 1	March 31
Materials	$315,000	$277,200
Work in process	214,200	239,400
Finished goods	163,800	189,000

	March 31
Direct labor	$567,000
Materials purchased during May	604,800
Factory overhead incurred during May:
Indirect labor	60,480
Machinery depreciation	36,000
Heat, light, and power	12,600
Supplies	10,080
Property taxes	8,820
Miscellaneous costs	16,380

	Required:
A.	Prepare a cost of goods manufactured statement for March 2016. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. “Less” or “Plus” will automatically appear if it is required. Enter all amounts as positive numbers.
B.	Determine the cost of goods sold for March 2016.

Answer rating: 100% (QA)

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