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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: January 1 January 31 $180,000 334,600 675,000 Inventories Materials Work in process Finished goods $145,500 290,700 715,000 Direct labor Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $2,260,000 1,375,000 115,000 90,000 55,000 18,500 10,000 33,100

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: January 1 January 31 $180,000 334,600 675,000 Inventories Materials Work in process Finished goods $145,500 290,700 715,000 Direct labor Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $2,260,000 1,375,000 115,000 90,000 55,000 18,500 10,000 33,100

Managerial Accounting
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter1: Introduction To Managerial Accounting
Section: Chapter Questions
Problem 15E: Statement of cost of goods manufactured for a manufacturing company Cost data for Johnstone...
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Determine the costs of goods sold for January: 

Work in process inventory, January 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 $ QO0000
Transcribed Image Text:Work in process inventory, January 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 $ QO0000
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 Materials Work in process Finished goods January 1 January 31 $180,000 $145,500 334,600 290,700 675,000 715,000 Direct labor Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $2,260,000 1,375,000 115,000 90,000 55,000 18,500 10,000 33,100
Transcribed Image Text: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 Materials Work in process Finished goods January 1 January 31 $180,000 $145,500 334,600 290,700 675,000 715,000 Direct labor Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $2,260,000 1,375,000 115,000 90,000 55,000 18,500 10,000 33,100
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