Cost of Goods Manufactured and Sold LeMans Company produces specialty papers at its Fox Run plant. At the beginning of June, the following information was supplied by its accountant: Direct materials inventory $59,300 Work-in-process inventory Finished goods inventory 34,200 58,000 During June, direct labor cost was $147,500, direct materials purchases were $347,000, and the total overhead cost was $374,600. The inventories at the end of June were: Direct materials inventory $59,900 Work-in-process inventory 37,800 Finished goods inventory 53,400 Required: 1. Prepare a cost of goods manufactured statement for June. LeMans Company Statement of Cost of Goods Manufactured For the Month of June