Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for...

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a
Sandusky Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended January 31
Work in process, January 1			139860
Direct materials:
Materials inventory, January 1	208750
Purchases	400800
Cost of materials available for use	609550
Materials inventory, January 31	187880
Cost of direct materials used		421670
Direct labor		375750
Factory overhead:
Indirect labor	40080
Machinery depreciation	24220
Heat, light, and power	8350
Supplies	6680
Property taxes	5850
Miscellaneous costs	10860
Total factory overhead		96040
Total manufacturing costs incurred during January			893460
Total manufacturing costs			1033320
Work in process inventory, January 31			125880
Cost of goods manufactured			907440

b
Finished goods inventory, January 1	108550
Cost of goods manufactured	907440
Cost of finished goods available for sale	1015990
Finished goods inventory, January 31	127760
Cost of goods sold	888230

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Direct labor		$375,750
Materials purchased during January		400,800
Factory overhead incurred during January:
	Indirect labor	40,080
	Machinery depreciation	24,220
	Heat, light, and power	8,350
	Supplies	6,680
	Property taxes	5,850
	Miscellaneous costs	10,860

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			$

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