https://ezto.mheducation.com/hm.tpx January DecemberOF (Beginning) (Ending) Direct materials inventory $ 98,700 5 108,300 Work-in-process inventory 107.500 104.600 Finished goods inventory 45,300 46.200 Direct materials purchased during the year amount to $514,300, and the cost of goods sold for the year was $1,890,000 Required: Prepare a cost of goods sold statement. CRABTREE MACHINING COMPANY Cost of Goods Sold Statement For the Year Ended December 31 Manufacturing costs Direct materials + Materials available Direct materials used Total manufacturing costs Total costs of work-in-process Cost of goods manufactured Finished goods available for sale Cost of goods sold Type here to search