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Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:

Statement of Cost of Goods Manufactured for a Manufacturing Company

Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:

Inventories January 1 January 31
Materials $167,750 $147,620
Work in process 115,750 101,860
Finished goods 87,230 100,380

Direct labor $301,950
Materials purchased during January 322,080
Factory overhead incurred during January:
Indirect labor 32,210
Machinery depreciation 19,460
Heat, light, and power 6,710
Supplies 5,370
Property taxes 4,700
Miscellaneous costs 8,720

a. Prepare a cost of goods manufactured statement for January.

Disksan 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. $

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