4.

Statement of Cost of Goods Manufactured for a Manufacturing Company

Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:

Inventories	January 1		January 31
Materials	$172,000		$154,800
Work in process	115,240		103,720
Finished goods	89,440		103,720

Direct labor		$309,600
Materials purchased during January		330,240
Factory overhead incurred during January:
	Indirect labor	33,020
	Machinery depreciation	19,950
	Heat, light, and power	6,880
	Supplies	5,500
	Property taxes	4,820
	Miscellaneous costs	8,940

a. Prepare a cost of goods manufactured statement for January.

Disksan Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended January 31
			$
Direct materials:
	$
	$
		$
Factory overhead:
	$
Total factory overhead
Total manufacturing costs incurred during January
Total manufacturing costs			$
Cost of goods manufactured			$

b. Determine the cost of goods sold for January. $