Cost of Goods Manufactured for a Manufacturing Company

The following information is available for O'Neal Manufacturing Company for the month ending January 31, 2016:

Cost of direct materials used in production	$122,700
Direct labor	147,200
Work in process inventory, January 1	55,200
Work in process inventory, January 31	74,800
Total factory overhead	67,500

Determine O'Neal's cost of goods manufactured for the month ended January 31, 2016.

O'Neal Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended January 31, 2016
		$
Add manufacturing costs incurred during January:
	$
Total manufacturing costs incurred
Total manufacturing costs		$
Cost of goods manufactured		$