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 $208,000 $183,040 Work in process 137,280 120,810 Finished goods 106,080 122,640 Direct labor $374,400 Materials purchased during January 399,360 Factory overhead incurred during January: Indirect labor 39,940 Machinery depreciation 24,130 Heat, light, and power 8,320 Supplies 6,660 Property taxes 5,820 Miscellaneous costs 10,820 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: $ $ $ 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