Sheds, Inc. designs and builds sheds and outbuildings for individual customers.

The company uses a job cost system and treats each customer's order as a separate job.

At the beginning of January, the company had the following raw material inventory:

$500. At the beginning of January, the company had the following work-in-process inventories: Job 21 $3,000; Job 25 $2,000 . During January, the following activities took place: 1. Started jobs 26 and 27. 2. Purchased raw materials in January: $12,000. Requisitioned (or used) the following raw materials to the specific jobs: Job 21 $2,000; Job 25 $4000, Job 26 $1,000; and Job 27 $3000.3. Incurred January manufacturing payroll: Direct Labor :

Job 21

$750

Job 25	$2,000
Job 26	$900
Job 27	$1,500

Indirect labor $500

4. Incurred additional manufacturing overhead costs for January:
Production equipment rent : $800
Manufacturing supplies purchased and used : $750
Prepare a statement of cost of goods manufactured for January below. Use Manufacturing Overhead applied in your statement.
Current manufacturing costs:
Cost of material placed in production
Raw materials, 1/1/XX
Purchases
Total available
Raw materials, 1/31/XX
Direct Labor
Manufacturing overhead Applied
Work-in-process January 1, 20XX
Total costs in process
Work-in-process January 31, 20XX
Cost of goods manufactured