KS 16 Statement of cost of goods manufactured for a manufacturing company Obj. 4 V A. Cost of goods Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: manufactured, $4,035,000 Inventories January 1 January 31 Materials $180,000 $145,500 Work in process 334,600 290,700 Finished goods 675,000 715,000 LILIATE Direct labor $2,260,000 Materials purchased during January 1,375,000 Factory overhead incurred during January Indirect labor 115.000 Machinery depreciation 90,000 Heat, light, and power 55,000 Supplies 18,500 Property taxes 10,000 Miscellaneous costs A. Prepare a cost of goods manufactured statement B. Determine the cost of goods sold for January 3L100