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 $494,550 375,660 7,840 Purchases of direct materials Freight-in on materials Factory supplies used Factory utilities 18,690 52,670 78,512 Commissions paid Factory supervision and indirect labor Advertising 165,150 146,900 15,280 200,160 117,750 Materials handling Work-in-process inventory, January 1 Work-in-process inventory, December 31 Direct materials inventory, January 1 Direct materials inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 39,300 32,910 61,000 60,030 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 QUOD QUOI Manufacturing overhead: Total overhead costs Total manufacturing costs added Cost of goods manufactured $ 2. Prepare a cost of goods sold statement. Anglin Company Statement of Cost of Goods Sold For the Year Ended December 31 judul Cost of goods sold