Allen Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year. Indirect tabor amounted to $2,700, while indirect materials used totaled $1,600. Other operating costs pertaining to the factory included utilities of $3,100, maintenance of $4,500, supplies of $1,800, depreciation of $7,900, and property taxes of $2,600. There was no beginning or ending finished goods inventory, but work in process inventory began the year with a $5,500 balance and ended the year with a $7,500 balance Prepare a statement of cost of goods manufactured for Allen Company for the year anderem 1 Prepare a statement of cost of goods manufactured for Allen Company for the year ended December 31. Allen Company Statement of Cost of Goods Manufactured For the Year Ended December 31 Factory overhead Total manufacturing costs incurred Total manufacturing costs 1000 Cost of goods manufactured