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	$153,250		$134,860
Work in process	101,150		89,010
Finished goods	78,160		91,700

Direct labor		$275,850
Materials purchased during January		294,240
Factory overhead incurred during January:
	Indirect labor	29,420
	Machinery depreciation	17,780
	Heat, light, and power	6,130
	Supplies	4,900
	Property taxes	4,290
	Miscellaneous costs	7,970

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. $