Ashley Corporation provided the following list of cost data related to its manufacturing operations for the month of September 20X4. Beginning raw materials inventory $ 966,400 Raw materials purchased (net) Ending raw materials inventory Direct labor costs 2,345,500 818,200 322,300 Indirect materials 125,500 Indirect labor 88,900 Factory utilities and maintenance 456,000 Factory depreciation 56,600 Other factory related overhead 24,400 777,000 Beginning work in process Ending work in process 717,000 (a) Arrange the cost data into a statement of cost of goods manufactured. (b) If Ashley's cost of goods sold for the month was $4,000,000, how much was the increase or decrease in finished goods inventory for the month of September? (a) ASHLEY CORPORATION SCHEDULE OF COST OF GOODS MANUFACTURED FOR THE MONTH ENDING SEPTEMBER 30, 20X4 Direct materials: S S S Raw materials transferred to production Direct labor Factory overhead $ Total manufacturing costs S S Cost of goods manufactured $ (b)