Anglin Company, a manufacturing firm, has supplied the following information from its accounting records for the last calendar year: Direct labor cost $494,770 375,000 7,850 Purchases of direct materials Freight-in on materials Factory supplies used Factory utilities Commissions paid 18,230 52,110 78,843 Factory supervision and indirect labor 165,360 146,400 16,210 203,840 Advertising Materials handling Work-in-process inventory, January 1 Work-in-process inventory, December 31 Direct materials inventory, January 1 Direct materials inventory, December 31 117,630 37,790 35,520 Finished goods inventory, January 1 57,030 Finished goods inventory, December 31 63,110 1. Prepare a cost of goods manufactured statement. Anglin Company Statement of Cost of Goods Manufactured For the Year Ended December 31 Direct materials: Materials available Direct materials used in production 1000 uni Manufacturing overhead: Total overhead costs Total manufacturing costs added Cost of goods manufactured Beginning inventory Direct labor Factory supervision and indirect labor Factory supplies Materials handling 2. Prepare a cost of goods sold statement. Anglin Company Statement of Cost of Goods Sold For the Year Ended December 31 $ 2000 Cost of goods sold Beginning finished goods inventory Cost of goods available for sale Cost of goods manufactured Cost of goods sold Ending finished goods inventory