Instructions Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 $311,000 $276,000 Materials Work in process 214,400 238,400 190,000 163,400 Finished goods January 31 $560,000 Direct labor Materials purchased during the month 608,000 Factory overhead incurred during the month: 60,860 Indirect labor Machinery depreciation 35,000 12,600 Heat, light, and power Supplies 8,580 Property taxes 8,680 16,460 Miscellaneous costs Required: a. Prepare a cost of goods manufactured statement for January. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries For those boxes in which you must enter subtracted or negative numbers use a minus sign. b. Determine the cost of goods sold for January. a. Prepare a cost of goods manufactured statement for January. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Score: 126/144 Sandusky Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 $214,400.00 Work in process inventory,January 1 1 2 Direct materials $311,000.00 Materials inventory,January 1 3 4 Purchases 608,000.00 $919,000.00 Cost of materials available for use 5 6 aterials inventory,January 31 7 Cost of direct materials used in production $643,000.00 8 Direct labor 560,000.00 8 Direct labor 560,000.00 9 Factory overhead: 10 Indirect labor $60,860.00 35,000.00 11Machinery depreciation 12 Heat, light,and power 12,600.00 13 Supplies 8,580.00 14 Property taxes 8,680.00 16,460.00 15 Miscellaneous costs 142,180.00 16Total factory overhead 1345,180.00 Total manufacturing costs incurred in January 17 $1,366,200.00 Total manufacturing costs 18 Work in process inventory, January 31 2,384,000.00 19 $1,321,180.00 Cost of goods manufactured 20 Cost Flow Relationships The following information is available for the first month of operations of Bahadir Company, a manufacturer of mechanical pencils: $298,980 Sales Gross profit 174,310 Cost of goods manufactured 149,490 Indirect labor 64,880 Factory depreciation 9,870 92,090 Materials purchased Total manufacturing costs for the period 171,910 Materials inventory, ending 12,260 Using the above information, determine the following missing amounts: 124,670 a. Cost of goods sold 24,820 b. Finished goods inventory at the end of the month 79,830 c. Direct materials cost 82,210 X d. Direct labor cost 22,420 e. Work in process inventory at the end of the month