StorSmart Company makes plastic organizing bins. The company has the following inventory balances at the beginning and end of March: Beginning InventoryEnding Inventory Raw materials$28,500 $25,400 Work in process 21,100 46,300 Finished goods 79,000 68,400 Additional information for the month of March follows: Raw materials purchases$41,400 Indirect materials used 1,100 Direct labor 63,900 Manufacturing overhead applied 36,100 Selling, general, and administrative expenses 23,200 Sales revenue 236,400 Required: 1. Based on the above information, prepare a cost of goods manufactured report. 2. Based on the above information, prepare an income statement for the month of March.

Miller company’s total sales are $171,000. the company’s direct labor cost is $20,520, which represents 30% of its total conversion cost and 40% of its total prime cost. its total selling and administrative expense is $25,650 and its only variable selling and administrative expense is a sales commission of 5% of sales. the company maintains no beginning or ending inventories and its manufacturing overhead costs are entirely fixed costs. required: 1. what is the total manufacturing overhead cost? 2. what is the total direct materials cost? 3. what is the total manufacturing cost? 4. what is the total variable selling and administrative cost? 5. what is the total variable cost? 6. what is the total fixed cost? 7. what is the total contribution margin?