Direct Materials, January 1 $3 Direct Materials, December 31 5 Work-in-Process Inventory, January 1 18 Work-in-Process Inventory, December 31 19 Finished Goods Inventory, January 1 15 Finished Goods Inventory, December 31 8 Direct Materials Purchased, including Freight In 26 Direct Labor 39 Manufacturing Overhead 21 prepare the schedule of good manufactrue and the cost of good sold