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	$167,750		$147,620
Work in process	115,750		101,860
Finished goods	87,230		100,380

Direct labor		$301,950
Materials purchased during January		322,080
Factory overhead incurred during January:
	Indirect labor	32,210
	Machinery depreciation	19,460
	Heat, light, and power	6,710
	Supplies	5,370
	Property taxes	4,700
	Miscellaneous costs	8,720

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:
Materials inventory, January 1	$
Cost of materials available for use	$
		$
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. $

n/takeAssignment/take AssignmentMain.do?invoker=&takeAssignmentSessionLocator=&inprogress=false Calculator 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 Materials January 1 $167,750 115,750 87,230 January 31 $147,620 101,860 100,380 Work in process Finished goods $301,950 322,080 Direct labor Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies 32,210 19,460 6,710 5,370 4,700 Property taxes Miscellaneous costs 8,720 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 1 115,750 Direct materials: Materials inventory, January 1 $167.750 Cost of materials available assignment/take Assignment Main.do?invoker=&takeAssignmentSessionLocator &inprogress=false Calculator Disksan Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 Work in process inventory, January 1 Direct materials: Materials inventory. January 1 $115.750 Cost of materials available for use 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 Check My Work 2 more Check My Work uses remaining All work saved. Email trestructor Save and Exit Submit Assign