Module 1: Assignment 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 $141,590 $162,750 112,300 Work in process 97,700 Finished goods 84,630 96,280 Direct labor 2050 Direct labor $292,950 Materials purchased during January 312,480 Factory overhead incurred during January: Indirect labor 31,250 Machinery depreciation 18,880 Heat, light, and power 6,510 Supplies 5,210 Property taxes 4,560 Miscellaneous costs 8,460 Module 1: Assignment a. Prepare a cost of goods manufactured statement for January Sandusky Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 Direct materials: 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