Good Night manufactures comforters. The estimated inventories on January 1 for finished goods, work in process, and materials were $51,000, $28,000, and $33,000, respectively. The desired inventories on December 31 for finished goods, work in process, and materials were $48,000, $35,000, and $29,000, respectively. Direct material purchases were $555,000. Direct labor was $252,000 for the year. Factory overhead was $176,000 Required: Prepare a cost of goods sold budget for Good Night, Inc. Refer to the lists of Labels and Amount Descriptions for the exact wording of the answer choices for text entries. "Less or "Plus" will automatically appear if it is required. Be sure to complete the statement heading