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 $142,750 $122,770 Work in process 98,500 84,710 Finished goods 72,800 82,260 Direct labor $256,950 Materials purchased during January 274,080 Factory overhead incurred during January: Indirect labor 27,410 Machinery depreciation 16,560 Heat, light, and power 5,710 Supplies 4,570 Property taxes 4,000 Miscellaneous costs 7,420 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: 1000000 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