Cost of goods sold, cost of goods manufacturingTimbuk 3 Company has the following information for March:a. For March, determine the cost of goods manufacturing.Using the data given, prepare a statemen

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Cost of goods sold, cost of goods manufacturingTimbuk 3 Company has the following information for March:a. For March, determine the cost of goods manufacturing.Using the data given, prepare a statement of cost of goods manufacturing.b. For March, determine the cost of goods sold.Using the data given, prepare a statement of cost of goods sold. 

Cost of direct materials used in production21000

Direct labor54250

Factory overhead35000

Work in proicess inventory, March 187500

Work in process inventory, march 3192750

Finished goods inventory, March 136750

Finished goods inventory, March 3142000