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 January 1 $191,000 126,060 99,320 January 31 $164,260 108,410 110,050 Work in process Finished goods Direct labor $343,800 366,720 Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power 36,670 22,160 7,640 6,110 5,350 9,930 Supplies Property taxes Miscellaneous costs a. Prepare a cost of goods manufactured statement for January. Sandusky Manufacturing Company Statement of Cost of Goods Manufactured Work in process inventory, January 1 Direct materials: Materials inventory, January 1 Purchases Cost of materials available for use Odla Materials inventory, January 31 Cost of direct materials used in production Direct labor Factory overhead: Indirect labor Machinery depreciation Heat, light, and power Supplies (10000 Property taxes Miscellaneous costs Total factory overhead Total manufacturing costs incurred during January Total manufacturing costs Work in process inventory, January 31