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

Question Content Area

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

Indirect laborMachinery depreciationSuppliesWork in process inventory, January 1Work in process inventory, January 31			$- Select -
Direct materials:
Indirect laborMachinery depreciationMaterials inventory, January 1SuppliesWork in process, January 31	$- Select -
Indirect laborMachinery depreciationProperty taxesPurchasesWork in process inventory, January 31	- Select -
Cost of materials available for useIndirect laborSuppliesWork in process inventory, January 1Work in process inventory, January 31	$- Select -
Less indirect laborLess materials inventory, January 1Less materials inventory, January 31Less miscellaneous costLess work in process inventory, January 31	- Select -
Cost of direct materials usedMaterials inventory, January 1Total manufacturing costsWork in process inventory, January 1Work in process inventory, January 31		$- Select -
Direct laborIndirect laborMachinery depreciationProperty taxesSupplies		- Select -
Factory overhead:
Indirect laborMaterials inventory, January 1Materials inventory, January 31PurchasesWork in process inventory, January 1	$- Select -
Direct laborMachinery depreciationPurchasesWork in process inventory, January 1Work in process inventory, January 31	- Select -
Direct laborHeat, light, and powerMaterials inventory, January 1Work in process inventory, January 1Work in process inventory, January 31	- Select -
Direct laborMaterials inventory, January 1PurchasesSuppliesWork in process inventory, January 1	- Select -
Materials inventory, January 31Property taxesPurchasesWork in process inventory, January 1Work in process inventory, January 31	- Select -
Direct materialsMiscellaneous costsPurchasesWork in process inventory, January 1Work in process inventory, January 31	- Select -
Total factory overhead		fill in the blank adb68afa1fc4ffe_27
Total manufacturing costs incurred during January			fill in the blank adb68afa1fc4ffe_28
Total manufacturing costs			$fill in the blank adb68afa1fc4ffe_29
Less cost of materials available for useLess direct materialsLess materials inventory, January 31Less work in process inventory, January 1Less work in process inventory, January 31			- Select -
Cost of goods manufactured			$fill in the blank adb68afa1fc4ffe_32

Question Content Area

b. Determine the cost of goods sold for January. $fill in the blank 99d028fd1f82048_1