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 $112,000 Direct labor 134,400 Work in process inventory, July 1 50,400 Work in process inventory, July 31 68,300 Total factory overhead 61,600 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