dise G eBook Cost of Goods Manufactured Pietro Frozen Foods, Inc., produces frozen pizzas. For next year, Pietro predicts that 50,000 units will be produced, with the following total costs: Direct materials > Direct labor $69,000 Variable overhead 26,000 Fixed overhead 210,000 Next year, Pietro expects to purchase $121,000 of direct materials, Projected beginning and ending inventones for direct materials and work in process are as follows; Direct materials Work-in-Process Inventory Inventory Beginning $4,000 $10,300 Ending $3,900 $12,300 Required: 1. Prepare a statement of cost of goods manufactured, Pietro Frozen Foods, Inc Statement of Cost of Goods Manufactured Yor the coming Year Direct mana Beginning inventory 4.000 Addi Purchases 126,000 X 130,000 Materiale LOS Ending inventory 3.900 120,000 Direct materials used in production Director 60,000