ost of goods manufactured     $fill in the blank bb0512fdb050009_32 b.  Determine the cost of goods sold for January. $fill in the blank 93cb14f9205402f_1

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
Section: Chapter Questions
Problem 8P: OReilly Manufacturing Co.s cost of goods sold for the month ended July 31 was 345,000. The ending...
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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
      $fill in the blank bb0512fdb050009_2
Direct materials:      
  $fill in the blank bb0512fdb050009_4    
  fill in the blank bb0512fdb050009_6    
  $fill in the blank bb0512fdb050009_8    
  fill in the blank bb0512fdb050009_10    
    $fill in the blank bb0512fdb050009_12  
    fill in the blank bb0512fdb050009_14  
Factory overhead:      
  $fill in the blank bb0512fdb050009_16    
  fill in the blank bb0512fdb050009_18    
  fill in the blank bb0512fdb050009_20    
  fill in the blank bb0512fdb050009_22    
  fill in the blank bb0512fdb050009_24    
  fill in the blank bb0512fdb050009_26    
Total factory overhead   fill in the blank bb0512fdb050009_27  
Total manufacturing costs incurred during January     fill in the blank bb0512fdb050009_28
Total manufacturing costs     $fill in the blank bb0512fdb050009_29
      fill in the blank bb0512fdb050009_31
Cost of goods manufactured     $fill in the blank bb0512fdb050009_32

b.  Determine the cost of goods sold for January.
$fill in the blank 93cb14f9205402f_1

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