Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31
Materials $170,500 $151,750
Work in process 112,530 100,160
Finished goods 86,960 103,190

Direct labor $306,900
Materials purchased during January 327,360
Factory overhead incurred during January:
Indirect labor 32,740
Machinery depreciation 19,780
Heat, light, and power 6,820
Supplies 5,460
Property taxes 4,770
Miscellaneous costs 8,870
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
Work in process inventory, January 1 $
Direct materials:
Materials inventory, January 1 $
Purchases $
Cost of materials available for use $
Less materials inventory, January 31 $
Cost of direct materials used $
Direct labor $
Factory overhead:
Indirect labor $
Machinery depreciation $
Heat, light, and power $
Supplies $
Property taxes $
Miscellaneous costs $
Total factory overhead $
Total manufacturing costs incurred during January $
Total manufacturing costs $
Less work in process inventory, January 31 $
Cost of goods manufactured $
b. Determine the cost of goods sold for January.
$