eBook Cost of Goods Manufactured and Sold Anglin Company, a manufacturing firm, has supplied the following information from its accounting records for the last calendar year: Direct labor cost Purchases of direct materials $494,910 375,160 Freight-in on materials 7,180 Factory supplies used 18,400 Factory utilities 55,080 Commissions paid 79,277 Factory supervision and indirect labor 166,080 Advertising 146,000 Materials handling 15,730 Work-in-process inventory, January 1 200,350 Work-in-process inventory, December 31 118,360 Direct materials inventory, January 1 36,090 Direct materials inventory, December 31 35,730 Finished goods inventory, January 1 57,290 Finished goods inventory, December 31 64,540 Required: