The following balances are from the accounts of Tappan Parts: January 1 (Beginning) December 31 (Ending) Direct materials inventory $ 22,400 $ 25,400 Work-in-process inventory 32,600 28,800 Finished goods inventory 5,300 7,000 Direct materials used during the year amount to $46,400 and the cost of goods sold for the year was $53,400. Required: Prepare a cost of goods sold statement.

Beginning work-in-process inventory $ 32,600

Manufacturing costs:

Direct materials:

Beginning inventory $22,400

Purchases ?

Materials available ?

Less: Ending inventory $25,400

Direct materials used $46,400

Other manufacturing costs ?

Total manufacturing costs ?

Total costs of work-in-process ?

Less: Ending work-in-process $28,800

Costs of goods manufactured ?

Beginning finished goods inventory $5,300

Finished goods available for sale ?

Less: Ending finished goods inventory $7,000

Cost of goods sold $53,400