Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories Materials January 1 January 31 $228.000 $202.920 Work in process 152.760 135,960 Finished goods 116.280 135,960 Direct labor $410,400 Materials purchased during January 437,760 Factory overhead incurred during January: Indirect labor 43,780 Machinery depreciation 26,450 Heat, light, and power 9,120 Supplies 7,300 Property taxes 6.380 Miscellaneous costs 11.860 a. Prepare a cost of goods manufactured statement for January. Disksan Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 Direct materials:
Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories Materials January 1 January 31 $228.000 $202.920 Work in process 152.760 135,960 Finished goods 116.280 135,960 Direct labor $410,400 Materials purchased during January 437,760 Factory overhead incurred during January: Indirect labor 43,780 Machinery depreciation 26,450 Heat, light, and power 9,120 Supplies 7,300 Property taxes 6.380 Miscellaneous costs 11.860 a. Prepare a cost of goods manufactured statement for January. Disksan Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended January 31 Direct materials:
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter1: Introduction To Cost Accounting
Section: Chapter Questions
Problem 8P: OReilly Manufacturing Co.s cost of goods sold for the month ended July 31 was 345,000. The ending...
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