Business, 13.07.2021 17:10, lexybellx3
Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventories January 1 January 31 Materials $142,750 $122,770 Work in process 98,500 84,710 Finished goods 72,800 82,260 Direct labor $256,950 Materials purchased during January 274,080 Factory overhead incurred during January:
Indirect labor 27,410
Machinery depreciation 16,560
Heat, light, and power 5,710
Supplies 4,570
Property taxes 4,000
Miscellaneous costs 7,420
Required:
A. Prepare a cost of goods manufactured statement for January. Refer to the Labels and Amount Descriptions list provided for the exact wording of the answer choices for text entries. "Less" or "Plus" will automatically appear if it is required. Enter all amounts as positive numbers. Be sure to complete the statement heading.
B. Determine the cost of goods sold for January.
Answers: 3
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Cost data for Disksan Manufacturing Company for the month ended January 31 are as follows: Inventori...
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