January 1 (Beginning)			December 31 (Ending)
Direct materials inventory	$	48,000		$	59,000
Work-in-process inventory		58,000			56,000
Finished goods inventory		43,800			45,000

Direct materials purchased during the year amount to $299,000, and the cost of goods sold for the year was $1,086,200.

Required:

Prepare a cost of goods sold statement. (Input all amounts as positive values. Omit the "$" sign in your response.)

Secol Machining Company Cost of Goods Sold Statement For the Year Ended December 31
(Click to select)Direct materials usedBeginning inventoryCost of goods manufacturedBeginning work in process inventoryPurchases			$
Manufacturing costs:
Direct materials:
(Click to select)Beginning inventoryCost of goods manufacturedMaterials availableDirect materials usedPurchases	$
(Click to select)Beginning inventoryPurchasesDirect materials usedMaterials availableCost of goods manufactured
(Click to select)Cost of goods manufacturedPurchasesBeginning inventoryDirect materials usedMaterials available
(Click to select)Add ending inventoryLess ending work in processBeginning inventoryLess ending inventoryAdd ending work in process
(Click to select)Beginning inventoryCost of goods manufacturedMaterials availableDirect materials usedPurchases		$
(Click to select)Less ending inventoryFinished goods available for saleAdd ending work in processLess ending work in processOther manufacturing costs
Total manufacturing costs
Total costs of work in process			$
(Click to select)Less ending work in processBeginning inventoryAdd ending work in processAdd ending inventoryLess ending inventory
(Click to select)Materials availableCost of goods manufacturedPurchasesBeginning inventoryDirect materials used			$
(Click to select)Cost of goods manufacturedBeginning finished goods inventoryEnding finished goods inventoryBeginning inventoryDirect materials used
(Click to select)Less ending inventoryLess ending work in processFinished goods available for saleAdd ending work in processOther manufacturing costs			$
(Click to select)Direct materials usedBeginning finished goods inventoryCost of goods manufacturedEnding finished goods inventoryBeginning inventory
(Click to select)Cost of goods manufacturedDirect materials usedPurchasesCost of goods soldBeginning inventory			$