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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 | $131,500 | | $117,040 | |
| Work in process | 88,110 | | 78,420 | |
| Finished goods | 67,070 | | 78,420 | |
| Direct labor | $236,700 |
| Materials purchased during January | 252,480 |
| Factory overhead incurred during January: | |
| | Indirect labor | 25,250 |
| | Machinery depreciation | 15,250 |
| | Heat, light, and power | 5,260 |
| | Supplies | 4,210 |
| | Property taxes | 3,680 |
| | Miscellaneous costs | 6,840 |
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 |
| | | | $fill in the blank ffeb67fa4028f81_2 |
| Direct materials: | | | |
| | $fill in the blank ffeb67fa4028f81_4 | | |
| | fill in the blank ffeb67fa4028f81_6 | | |
| | $fill in the blank ffeb67fa4028f81_8 | | |
| | fill in the blank ffeb67fa4028f81_10 | | |
| | | $fill in the blank ffeb67fa4028f81_12 | |
| | | fill in the blank ffeb67fa4028f81_14 | |
| Factory overhead: | | | |
| | $fill in the blank ffeb67fa4028f81_16 | | |
| | fill in the blank ffeb67fa4028f81_18 | | |
| | fill in the blank ffeb67fa4028f81_20 | | |
| | fill in the blank ffeb67fa4028f81_22 | | |
| | fill in the blank ffeb67fa4028f81_24 | | |
| | fill in the blank ffeb67fa4028f81_26 | | |
| Total factory overhead | | fill in the blank ffeb67fa4028f81_27 | |
| Total manufacturing costs incurred during January | | | fill in the blank ffeb67fa4028f81_28 |
| Total manufacturing costs | | | $fill in the blank ffeb67fa4028f81_29 |
| | | | fill in the blank ffeb67fa4028f81_31 |
| Cost of goods manufactured | | | fill in the blank |
b. Determine the cost of goods sold for January.
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