Statement of cost of goods manufactured for a manufacturing company Instructions Amount Descriptions Statement of Cost of Goods Manufactured Cost of Goods Sold Instructions Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories Materials NOWN January 1 $305,000 214,200 162,800 January 31 $277,200 238,600 190,500 Work in process Finished goods Direct labor January 31 $562,000 607,000 Materials purchased during the month Factory overhead incurred during the month: Indirect labor Machinery depreciation Heat, light, and power Supplies 60,600 36,000 12,900 8,100 8,720 Property taxes Miscellaneous costs 16,300 Required: a. Prepare a cost of goods manufactured statement for January. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. b. Determine the cost of goods sold for January. Statement of Cost of Goods Manufactured a. Prepare a cost of goods manufactured statement for January. Refer to the Amount Descriptions list provided for the exact wording of the answer choices for text entries. For those boxes in which you must enter subtracted or negative numbers use a minus sign. Sandusky Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 2 Direct materials: Cost of materials available for use Cost of direct materials used in production 9 Factory overhead: 16 Total factory overhead 17 Total manufacturing costs incurred in January 18 Total manufacturing costs 20 Cost of goods manufactured Cost of Goods Sold b. Determine the cost of goods sold for January