Just need some help understanding this and the parts to follow. What goes where and stuff

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T116-3 (book/static) Question Help 12. ABC Manufacturing Company has the following data for 2019 (amounts in millions): E: (Click the icon to view the information.) Prepare the schedule of cost of goods manufactured and the cost of goods sold section of the income statement for the year ended December 31, 2019. Begin by preparing the schedule of cost of goods manufactured. ABC Manufacturing Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2019 (in millions) Data Table - Direct Materials Used $ 5 7 12 16 Direct Materials Used Direct Materials, January 1 Direct Materials, December 31 Work-in-Process Inventory, January 1 Work-in-Process Inventory, December 31 Finished Goods Inventory, January 1 Finished Goods Inventory, December 31 Direct Materials Purchased, including Freight In Direct Labor Manufacturing Overhead 8 6 25 36 Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For 17 Cost of Goods Manufactured Print Done Choose from any list or enter any number in the input fields and then click Check Answer. ? 1 panta Clear All Check Answer remaining