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Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $204,500 $175,870 Work in
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Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:
Inventories January 1 January 31 Materials $204,500 $175,870 Work in process 141,110 121,350 Finished goods 106,340 117,830 Direct labor $368,100 Materials purchased during January 392,640 Factory overhead incurred during January: Indirect labor 39,260 Machinery depreciation 23,720 Heat, light, and power 8,180 Supplies 6,540 Property taxes 5,730 Miscellaneous costs 10,630 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. $
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