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: Inventories January 1 January 31 Materials $169,750   $149,380   Work in process 113,730   100,080   Finished goods 88,270   101,580   Direct labor $305,550 Materials purchased during January 325,920 Factory overhead incurred during January:     Indirect labor 32,590   Machinery depreciation 19,690   Heat, light, and power 6,790   Supplies 5,430   Property taxes 4,750   Miscellaneous costs 8,830 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       $fill in the blank ee6133f8a02d069_2 Direct materials:         $fill in the blank ee6133f8a02d069_4       fill in the blank ee6133f8a02d069_6       $fill in the blank ee6133f8a02d069_8       fill in the blank ee6133f8a02d069_10         $fill in the blank ee6133f8a02d069_12       fill in the blank ee6133f8a02d069_14   Factory overhead:         $fill in the blank ee6133f8a02d069_16       fill in the blank ee6133f8a02d069_18       fill in the blank ee6133f8a02d069_20       fill in the blank ee6133f8a02d069_22       fill in the blank ee6133f8a02d069_24       fill in the blank ee6133f8a02d069_26     Total factory overhead   fill in the blank ee6133f8a02d069_27   Total manufacturing costs incurred during January     fill in the blank ee6133f8a02d069_28 Total manufacturing costs     $fill in the blank ee6133f8a02d069_29       fill in the blank ee6133f8a02d069_31 Cost of goods manufactured     $fill in the blank ee6133f8a02d069_32 b.  Determine the cost of goods sold for January.

College Accounting, Chapters 1-27
23rd Edition
ISBN:9781337794756
Author:HEINTZ, James A.
Publisher:HEINTZ, James A.
Chapter26: Manufacturing Accounting: The Job Order Cost System
Section: Chapter Questions
Problem 2SEA: SCHEDULE OF COST OF GOODS MANUFACTURED The following information is supplied for Maupin...
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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:

Inventories January 1 January 31
Materials $169,750   $149,380  
Work in process 113,730   100,080  
Finished goods 88,270   101,580  

Direct labor $305,550
Materials purchased during January 325,920
Factory overhead incurred during January:  
  Indirect labor 32,590
  Machinery depreciation 19,690
  Heat, light, and power 6,790
  Supplies 5,430
  Property taxes 4,750
  Miscellaneous costs 8,830

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
      $fill in the blank ee6133f8a02d069_2
Direct materials:      
  $fill in the blank ee6133f8a02d069_4    
  fill in the blank ee6133f8a02d069_6    
  $fill in the blank ee6133f8a02d069_8    
  fill in the blank ee6133f8a02d069_10    
    $fill in the blank ee6133f8a02d069_12  
    fill in the blank ee6133f8a02d069_14  
Factory overhead:      
  $fill in the blank ee6133f8a02d069_16    
  fill in the blank ee6133f8a02d069_18    
  fill in the blank ee6133f8a02d069_20    
  fill in the blank ee6133f8a02d069_22    
  fill in the blank ee6133f8a02d069_24    
  fill in the blank ee6133f8a02d069_26    
Total factory overhead   fill in the blank ee6133f8a02d069_27  
Total manufacturing costs incurred during January     fill in the blank ee6133f8a02d069_28
Total manufacturing costs     $fill in the blank ee6133f8a02d069_29
      fill in the blank ee6133f8a02d069_31
Cost of goods manufactured     $fill in the blank ee6133f8a02d069_32

b.  Determine the cost of goods sold for January.

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