2-23 Statement of Cost of Goods Manufactured The Mondale Corporation has the following accounts (in millions of dollars): Selling and administrative expenses Work in process, December 31, 19.1 Factory supplies used Direct materials, December 31, 19_2 Factory utilities Finished goods, December 31, 19.2 Indirect labor $100 10 10 20 30 55 60 Work in process, December 31, 19.2 5 125 200 Purchases of direct materials Direct labor Depreciation-factory building and equipment Factory supervisory salaries Miscellaneous factory overhead Sales Finished goods, December 31, 19.1 700 70 5 35 Direct materials, December 31, 19_1 15 Income statement and a schedule of cost of goods manufactured for the year ended December 31, 19-2. (For additional questions regarding these facts, see the next problem.)