The following balances are from the accounts of Hill Components:

 

 

 

 

 

 

•Direct materials used during the year amount to $46,000, and the cost of goods sold for the year was $53,000. 

Required: Find the following by completing a cost of goods sold statement:

A.  Cost of direct materials purchased during the year.

B. Cost of goods manufactured during the year.

C. Total manufacturing costs incurred during the year.