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 $494,140 Purchases of direct materials 379,680 Freight-in on materials 7,940 Factory supplies used 18,920 Factory utilities 54,330 Commissions paid 79,104 Factory supervision and indirect labor 165,500 Advertising 144,470 Materials handling 17,420 Work-in-process inventory, January 1 204,140 Work-in-process inventory, Dec