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	$150,250		$127,710
Work in process	99,170		84,290
Finished goods	76,630		85,570

Direct labor		$270,450
Materials purchased during January		288,480
Factory overhead incurred during January:
	Indirect labor	28,850
	Machinery depreciation	17,430
	Heat, light, and power	6,010
	Supplies	4,810
	Property taxes	4,210
	Miscellaneous costs	7,810

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. $