Anglin Company, a manufacturing firm, has supplied the following information from its accounting records for the last calendar year:

Direct labor cost	$494,140
Purchases of direct materials	378,090
Freight-in on materials	7,360
Factory supplies used	18,320
Factory utilities	54,930
Commissions paid	78,322
Factory supervision and indirect labor	162,420
Advertising	146,890
Materials handling	15,960
Work-in-process inventory, January 1	204,880
Work-in-process inventory, December 31	118,460
Direct materials inventory, January 1	39,100
Direct materials inventory, December 31	35,400
Finished goods inventory, January 1	61,330
Finished goods inventory, December 31	61,790

Required:

1. Prepare a cost of goods manufactured statement.

Anglin Company
Statement of Cost of Goods Manufactured
For the Year Ended December 31
Direct materials:
Beginning inventory	$
Add: Purchases
Add: Freight-in on materials
Materials available	$
Less: Ending inventory
Direct materials used in production		$
Direct labor
Manufacturing overhead:
Factory supplies	$
Factory utilities
Factory supervision and indirect labor
Materials handling
Total overhead costs
Total manufacturing costs added		$
Add: Beginning work in process
Less: Ending work in process
Cost of goods manufactured		$

2. Prepare a cost of goods sold statement.

Anglin Company
Statement of Cost of Goods Sold
For the Year Ended December 31
Cost of goods manufactured	$
Add: Beginning finished goods inventory
Cost of goods available for sale	$
Less: Ending finished goods inventory
Cost of goods sold	$