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 $149,250   $129,850   Work in process 98,510   85,700   Finished goods 77,610   87,000   Direct labor $268,650 Materials purchased during January 286,560 Factory overhead incurred during January:     Indirect labor 28,660   Machinery depreciation 17,310   Heat, light, and power 5,970   Supplies 4,780   Property taxes 4,180   Miscellaneous costs 7,760 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

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
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Problem 4P: Statement of cost of goods manufactured; income statement; balance sheet The adjusted trial balance...
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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 $149,250   $129,850  
Work in process 98,510   85,700  
Finished goods 77,610   87,000  

Direct labor $268,650
Materials purchased during January 286,560
Factory overhead incurred during January:  
  Indirect labor 28,660
  Machinery depreciation 17,310
  Heat, light, and power 5,970
  Supplies 4,780
  Property taxes 4,180
  Miscellaneous costs 7,760

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
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