Statement of Cost of Goods Manufactured for a Manufacturing Company

Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows:

Inventories	January 1		January 31
Materials	$186,500		$167,850
Work in process	124,960		112,460
Finished goods	95,120		112,460

Direct labor		$335,700
Materials purchased during January		358,080
Factory overhead incurred during January:
	Indirect labor	35,810
	Machinery depreciation	21,630
	Heat, light, and power	7,460
	Supplies	5,970
	Property taxes	5,220
	Miscellaneous costs	9,700

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

Sandusky Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended January 31
			$fill in the blank 86116501b069fb3_2
Direct materials:
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		$fill in the blank 86116501b069fb3_12
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Factory overhead:
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Total factory overhead		fill in the blank 86116501b069fb3_27
Total manufacturing costs incurred during January			fill in the blank 86116501b069fb3_28
Total manufacturing costs			$fill in the blank 86116501b069fb3_29
			fill in the blank 86116501b069fb3_31
Cost of goods manufactured			$fill in the blank 86116501b069fb3_32

b. Determine the cost of goods sold for January. $fill in the blank de32b006affb014_1