Cost of Goods Manufactured for a Manufacturing Company The following information is available for Ethtridge Manufacturing Company for the month ending July 31: Cost of direct materials used in production $125,800 Direct labor 151,000 Work in process inventory, July 1 56,600 Work in process inventory, July 31 76,700 Total factory overhead 69,200 Determine Ethtridge's cost of goods manufactured for the month ended July 31. Ethtridge Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended July 31 Work in process inventory, July 1 Add manufacturing costs incurred during July: Cost of direct materials used in production Direct labor 5 Factory overhead Total manufacturing costs incurred Total manufacturing costs Less work in process inventory, July 31 Cost of goods manufactured Check My Work