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Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follo Inventories Materials Work in process Finished goods January 1 January 31 $180,000 $145,500 334,600 290,700 715,000 675,000 Direct labor Materials purchased during January Factory overhead incurred during January: $2,260,000 1,375,000 115,000 90,000 55,000 18,500 10,000 33,100 a. Prepare a cost of goods manufactured statement for January Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs Sandusky Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 a. Prepare a cost of goods manufactured statenent for January. Sandusky Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 Direct materials: Factory overhead: Total factory overhead 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