eBook Show Me How Calculator Print Item Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $139,750 $122,980 Work in process 95,030 83,630 Finished goods 72,670 83,630 Direct labor $251,550 Materials purchased during January 268,320 Factory overhead incurred during January: Indirect labor 26,830 Machinery depreciation 16,210 Heat, light, and power 5,590 Supplies 4,470 Property taxes 3,910 Miscellaneous costs 7,270 . Prepare a cost of goods manufactured statement for January. Sandusky Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 eBook Show Me How Calculator Print Item Sandusky Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 Work in process inventory, January 1 95.030 Direct materials: Materials inventory, January 1 139,750 Purchases 268,320 Cost of materials available for use 139,750 X Materials inventory, January 31 251,550 X Cost of direct materials used in production 268,320 X Direct labor 251,550 Factory overhead: Indirect labor