Cornelilus Company produces women's clothing. During the year, the company incurre actory rent Direct labor Utilities-factory Purchases of direct materials Indirect materials Indirect labor s 389,000 318,000 40,400 570,000 71,100 63,600 Inventories for the year were as follows Materials Work-in-Process Finished Goods $ 28,000 46,500 141,000 $ 44,500 41,200 78,300 Required: 1&2. Prepare a statement of cost of goods manufactured and calculate cost of goods Cornelius Company Statement of Cost of Goods Manufactured For the Year Ended December 31 | Prey 1013 Next > MacBook Pro