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	$196,500		$170,960
Work in process	129,690		112,830
Finished goods	102,180		116,250

Direct labor		$353,700
Materials purchased during January		377,280
Factory overhead incurred during January:
	Indirect labor	37,730
	Machinery depreciation	22,790
	Heat, light, and power	7,860
	Supplies	6,290
	Property taxes	5,500
	Miscellaneous costs	10,220

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
Work in process inventory, January 1			$
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. $