Billy Bob's Manufacturing had the following data for the fiscal year ended December 31. Direct Materials Inventory, January 1 Direct materials purchases Direct materials used Fixed factory overhead Total factory overhead Total manufacturing costs to account for Work-in-Process Inventory, January 1 Work-in-Process Inventory, December 31 Finished Goods Inventory, January 1 Goods available for sale Cost of goods sold $ 30,000 350,000 345,000 480,000 560,000 1,085,000 42,000 45,000 36,000 1,076,000 1,043,000

Billy Bob's Manufacturing had the following data for the fiscal year ended December 31 . Billy Bob's Manufacturing had the following data for the fiscal year ended December 31