The following balances are from the accounts of Crabtree Machining Company:

	January 1 (Beginning)			December 31 (Ending)
Direct materials inventory	$	99,300		$	111,100
Work-in-process inventory		109,400			105,500
Finished goods inventory		45,600			45,700

Direct materials purchased during the year amount to $512,800, and the cost of goods sold for the year was $1,885,000.

Required:

Prepare a cost of goods sold statement. ( i filled in some, but not sure if im correct, also need to find other manufacturing cots)

CRABTREE MACHINING COMPANY
Cost of Goods Sold Statement
For the Year Ended December 31
Beginning work-in-process inventory			$109,400
Manufacturing costs:
Direct materials:
Beginning inventory	$99,300
Purchases	512,800
Materials available	$612,100
Less: Ending inventory	111,100
Direct materials used		$501,000
Other manufacturing costs
Total manufacturing costs			501,000
Total costs of work-in-process			$610,400
Less: Ending work-in-process			105,000
Cost of goods manufactured			$505,400
Beginning finished goods inventory			45,600
Finished goods available for sale			$551,000
Less: Ending finished goods inventory			45,700
Cost of goods sold			$505,300