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 process....................334,600....................290,700

Finished goods.....................675,000....................715,000

Direct labor..................................................$2,260,000

Materials purchased during January.......................1,375,000

Factory overhead incurred during January:

Indirect labor..................................................115,000

Machinery depreciation.......................................90,000

Heat, light, and power.........................................55,000

Supplies.........................................................18,500

Property taxes...................................................10,000

Miscellaneous costs............................................33,100

a. Prepare a cost of goods manufactured statement for January.

b. Determine the cost of goods sold for January.