1. The following data was taken from the general ledger and other records of Marwick Manufacturing Co. at January31, the end of the first month of operations in the current fiscal year: $650,000 25,000 29,000 48,000 Sales Inventories at January 1: Materials inventory Work in process inventory Finished goods inventory Inventories at January 31: Materials inventory Work in process inventory Finished goods inventory Materials purchased Labor Costs: Assembly workers' wages Supervisors' salaries Sales personnel salaries Depreciation: Factory building Sales office Indirect materials used Factory utilities 20,000 32,000 54,000 154,000 185,000 30,000 52,000 73,000 28,000 3,000 67,000 Prepare a statement of cost of goods manufactured. b. Determine the cost of goods sold for the month