3. The adjusted trial balance for Indy Furniture Company on November 30, the end of its first month or operation, is as follows: ... $21,800 16,200 13,900 Indy Furniture Company Trial Balance November 30, 2011 Cash... Accounts Receivable. Finished Goods .. Work in Process.... Materials ... Building ...... Accumulated Depreciation-Building ... Machinery and Equipment ............. Accumulated Depreciation-Mach, and Equip. ...... Accounts Payable.... Payroll.. Capital Stock.... Sales Cost of Goods Sold.... Factory Overhead... Selling and Administrative Expenses ............ $504,950 $504,950 7,400 300,000 $3,000 88,000 2,200 8,900 ... 422,550 .68,300 42,450 15,200 The general ledger reveals the following additional data: a. There were no beginning inventories. b. Materials purchases during the period were $33,000. c. Direct labor cost was $18,500. d. Factory overhead costs were as follows: Indirect materials... .$ 1,400 Indirect labor. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4,300 Depreciation-building . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3,000 Depreciation-machinery and equipment.......... 2,200 Utilities .................. .2,750 Total $13,650 Required: Prepare a statement of cost of goods manufactured for the month of November