Inventories	January 1		January 31
Materials	$131,250		$111,560
Work in process	86,630		73,630
Finished goods	68,250		74,750

Direct labor		$236,250
Materials purchased during January		252,000
Factory overhead incurred during January:
	Indirect labor	25,200
	Machinery depreciation	15,230
	Heat, light, and power	5,250
	Supplies	4,200
	Property taxes	3,670
	Miscellaneous costs Determine the cost of goods sold for January	6,830