Problem Anis Products provided the following information for 2020: Direct Materials: Materials inventory, January 1 $75,000 Purchases 526,000 Direct materials issued 525,000 Direct Labor: Direct labor cost(22,000 hours) $150,000 Overhead costs: Indirect materials used $27,000 Indirect labor 35,000 Other overheads: Depreciation $175,000 Maintenance 85,000 Supervision 46,000 Planning and control 44,000 Miscellaneous 12,000 Work in process: Beginning inventory $25,000 Ending inventory 34,000 Finished goods: Beginning inventory $56,000 Ending inventory 42,000 The company uses a predetermined overhead rate based on direct labor hours. The rate for 2020 was $22.00 per direct labor hour. Required: Prepare a Statement of Cost of Goods Manufactured for 2020.