Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: A. Prepare
Question:
Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows:
A. Prepare a cost of goods manufactured statement for January.
B. Determine the cost of goods sold for January.
Transcribed Image Text:
Inventories Materials Work in process Finished goods January 1 180,000 334,600 675,000 January 31 $145,500 290,700 715,000 $2,260,000 1,375,000 Direct labor Materials purchased during January Facto ry overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 115,000 90,000 55,000 18,500 10,000 33,100
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Related Book For
Financial And Managerial Accounting
ISBN: 9781337119207
14th Edition
Authors: Carl S. Warren, James M. Reeve, Jonathan Duchac
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