Cost of Goods Sold, Cost of Goods Manufactured Woodfall Company has the following information for June: Cost of direct materials used in production $260,000 Direct labor 340,000 Factory overhead 182,300 Work in process inventory, June 1 70,200 Work in process inventory, June 30 74,000 Finished goods inventory, June 1 33,300 Finished goods inventory, June 30 44,100 a. For June, determine the cost of goods manufactured. Using the data given, prepare a statement of Cost of Goods Manufactured. Woodfall Company Statement of Cost of Goods Manufactured Costs Type Amount Amount Direct labor Total manufacturing costs incurred in June Total manufacturing costs Cost of goods manufactured b. For June, determine the cost of goods sold. Using the data given, prepare a statement of Cost of Goods Sold. Woodfall Company Statement of Cost of Goods Sold Costs Type Amount Cost of goods available for sale Cost of goods sold