Business, 18.01.2021 14:00 andreawright13
Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows:
Inventories January 1 January 31
Materials$180,000$145,500
Work in process334,600290,700
Finished goods675,000715,000
Direct labor$2,260,000
Materials purchased during January1,375,000
Factory overhead incurred during January:
Indirect labor115,000
Machinery depreciation90,000
Heat, light, and power55,000
Supplies18,500
Property taxes10,000
Miscellaneous costs33,100
a. Prepare a cost of goods manufactured statement for January.
b. Determine the cost of goods sold for January.
Answers: 1
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