Cost of Goods Manufactured and Sold Anglin Company, a manufacturing firm, has supplied the following information from its accounting records for the last calendar year: Direct labor cost Purchases of direct materials Freight-in on materials. $495,000 378,310 7,950 Factory supplies used 18,660 Factory utilities 53,250 Commissions paid 79,023 Factory supervision and indirect labor 164,480 Advertising 144,810 Materials handling 17,660 Work-in-process inventory, January 1 204,160 Work-in-process inventory, December 31 116,750 Direct materials inventory, January 1 36,590 Direct materials inventory, December 31 32,130 Finished goods inventory, January 1 57,670 Finished goods inventory, December 31 61,700 Required: 1. Prepare a cost of goods manufactured statement. Anglin Company Statement of Cost of Goods Manufactured