Cost of Goods Sold Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 53,700 units will be produced, with the following total costs: Direct materials Direct labor Variable overhead ? 67,000 Fixed overhead 23,000 180,000 Next year, Pietro expects to purchase $125,500 of direct materials. Projected beginning and ending inventories for direct materials and work in process are as follows: Beginning Ending Direct materials Work-in-Process Inventory $7,000 Inventory $10,200 $12,200 $6,900 Pietro expects to produce 53,700 units and sell 53,000 units. Beginning inventory of finished goods is $47,500, and ending inventory of finished goods is expected to be $39,000. Required: 1. Prepare a statement of cost of goods sold in good form., Pietro Frozen Foods, Inc. Statement of Cost of Goods O Sold 11:14 AM 9/12/2022