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:

a. Prepare a cost of goods manufactured statement for January.

b. Determine the cost of goods sold for January.
$

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Manufacturing Income Statement, Statement of Cost of Goods Manufactured

Several items are omitted from the income statement and cost of goods manufactured statement data for two different companies for the month of December.

Required:

1. Determine the amounts of the missing items, identifying them by letter. Enter all amounts as positive numbers.

2. Prepare On Company's statement of cost of goods manufactured for December.

3. Prepare On Company's income statement for December.

Thank you so much for your help!!

1. 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	$208,750		$187,880
   Work in process	139,860		125,880
   Finished goods	108,550		127,760

   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

   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

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