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 $162,250 $139,540 Work in process 107,090 92,100 Finished goods 82,750 93,490 $292,050 311,520 Direct labor Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 31,150 18,820 6,490 5,190 4,540 8,440 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 Direct materials Direct materials: 0 Factory overhead: mimi bin Total factory overhead Total manufacturing costs incurred during January Total manufacturing costs Then Cost of goods manufactured b. Determine the cost of goods sold for January