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 Work-in-process inventory Finished goods inventory $63,300 36,100 56,800 During June, direct labor cost was $132,000, direct materials purchases were $345,500, and the total overhead cost was $375,800. The inventories at the end of June were: Direct materials inventory $63,900 39,700 Work-in-process inventory Finished goods inventory Required: 52,200 1. Prepare a cost of goods manufactured statement for June. LeMans Company Statement of Cost of Goods Manufactured For the Month of June Direct materials: Materials available Direct materials used in production Total manufacturing costs added 00000 Cost of goods manufactured 2. Prepare a cost of goods sold schedule for June. LeMans Company Statement of Cost of Goods Sold For the Month of June Cost of goods sold