Statement of Cost of Goods Manufactured for a Manufacturing Company Cost data for Sandusky Manufacturing Company for the month ended January 31 are as follows: Inventories Materials Work in process Finished goods Direct labor January 1 $217,750 148,070 113,230 January 31 $195,980 133,270 133,270 Materials purchased during January Factory overhead incurred during January: Indirect labor Machinery depreciation Heat, light, and power Supplies Property taxes Miscellaneous costs $391,950 418,080 41,810 25,260 8,710 6,970 6,100 11,320