Determine the cost of goods sold for march 2016

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Reference no: EM131195554

Statement of cost of goods manufactured for a manufacturing company

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

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

Prepare a cost of goods manufactured statement for March 2016.

b. Determine the cost of goods sold for March 2016.

Reference no: EM131195554

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