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Hication) eBook Cost of Goods Sold Statement of cost of goods manufactured for a manufacturing company Instructions Amount Descriptions Statement of Cost of Goods Manufactured Instructions Gost data for Sandusky Manutacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $305,000 $277,200 Work in process 214,200 238.600 Finished goods 162.800 190,500 January 31 $562.000 607.000 Direct labor Materials purchased during the month Factory overhead incurred during the month Indirect labor Machinery depreciation Hoat light, and power Supples Property taxes Miscellaneous costs 60,500 36,000 12.900 8,100 8.720 16.300 ET... Required: Prepare a cost of goods manufactured statement for January Refer to the Amount Descriptions Wat provided for the exact wording of the answer choices for text evitres. For those bones in which you must entor subtracted or negative numbers use a minus sign Check My Work ication) eBook Prepare a cost of goods manufactured statement for January Refer to the Amount Descriptions list provided for the exact wording of the answer choice for tabs. For those boxes in which you must be subtracted or negative numbers use a minus sign Score: 130/144 Sandusky Manufacturing Company Statement of Cost of Good Manufactured For the Month Ended January 31 $214,200.00 Work in process inventory, January 1 1 Duct materials 1 Materials inventory, January 1 Purchases Cost of materials available for use 4 $305,000.00 607,000.00 $917.000.00 277.200.00 Materials inventory lanuary 31 Cost of direct materials used in production $654,800.00 562.000.00 + Direct labor $60,500.00 36,000.00 Factory overhead Indirect labor 11 Machinery depreciation Het light, and power 11 Supplies * Property taxes Miscellaneouscous Total factory overhead 12,900 00 8,100.00 8.720.00 16,500.00 142.620.00 Cred My Previous eBook 1 Miscellaneous costs 16,300.00 14 Total factory overhead 142.620.00 1,359,420.00 $1,553,620.00 Total manufacturing costs incurred in January Total manufacturing costs 13 Work in process inventory Lanuary 31 > Cost of goods manufactured 238,600.00 $1,315,020.00 Paints 27.08730 Feed Check My Work Add the beginning materials and purchases and subtract the ending materials. Add direct labor and factory overhead. This will give total manufacturing costs. Then add the total manufacturing costs to the beginning work in process inventory and subtract the ending work in process inventory Cost of Goods Sold Shaded colour foedback Determine the cost of goods sold for January Points: 0/1 Ched. My work