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Determine the cost of goods sold for january

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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 $225,250 $202,730

Work in process 148,670 133,800

Finished goods 114,880 135,830

Direct labor $405,450

Materials purchased during January 432,480

Factory overhead incurred during January:

Indirect labor 43,250

Machinery depreciation 26,130

Heat, light, and power 9,010

Supplies 7,210

Property taxes 6,310

Miscellaneous costs 11,710

a. Cost of goods manufactured statement for January.

b. Determine the cost of goods sold for January.

Reference no: EM132368053

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