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 $493,460 Purchases of direct materials 378,920 Freight-in on materials 7,070 Factory supplies used 19,000 Factory utilities 54,680 Commissions paid 79,333 Factory supervision and indirect labor 165,990 Advertising 145,590 Materials handling 17,410 Work-in-process inventory, January 1 202,810 Work-in-process inventory, December 31 118,390 Direct materials inventory, January 1 37,810 Direct materials inventory, December 31 34,370 Finished goods inventory, January 1 61,990 Finished goods inventory, December 31 63,920 Required: EU Required: 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 Manufacturing overhead: bit Total overhead costs Total manufacturing costs added 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 Cost of goods sold