An analysis of the accounts of Jennings Manufacturing reveals the following data for the month ended March 31, 201X:
Costs Incurred: Raw materials purchased,134,000; direct labor,132,000; manufacturing overhead,50,600. These specifi c overheads included indirect labor,19,200; factory insurance,8,800; depreciation on machinery,9,000; machinery repairs,4,500; factory utilities,5,800; and miscellaneous factory costs,3,300. Instructions: Prepare a cost of goods manufactured statement.
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