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:

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 Materials Work in process Finished goods January 1 $133,000 91,770 69,160 January 31 $113,050 78,000 75,740 $239,400 Direct labor Materials purchased during January Factory overhead incurred during January: 255,360 Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs 25,540 15,430 5,320 4,260 3,720 6,920