The following information is available for O'Neal Manufacturing Company for the month ending January 31, 2016:
Cost of direct materials used in production $127,000
Direct labor 152,400
Work in process inventory, January 1 57,200
Work in process inventory, January 31 77,500
Total factory overhead 69,900
Determine O'Neal's cost of goods manufactured for the month ended January 31, 2016.
O'Neal Manufacturing Company
Statement of Cost of Goods Manufactured
For the Month Ended January 31, 2016 $
Add manufacturing costs incurred during January: $
Total manufacturing costs incurred
Total manufacturing costs $
Cost of goods manufactured $