The following balances are from the accounts of Tappan Parts:

	January 1 (Beginning)			December 31 (Ending)
Direct materials inventory	$	21,500		$	24,800
Work-in-process inventory		32,200			28,700
Finished goods inventory		5,100			7,200

Direct materials used during the year amount to $46,300 and the cost of goods sold for the year was $53,200.

Required:

Prepare a cost of goods sold statement.

The following balances are from the accounts of Tappan Parts:

	January 1 (Beginning)			December 31 (Ending)
Direct materials inventory	$	21,500		$	24,800
Work-in-process inventory		32,200			28,700
Finished goods inventory		5,100			7,200

Direct materials used during the year amount to $46,300 and the cost of goods sold for the year was $53,200.

Required:

Prepare a cost of goods sold statement.

The following balances are from the accounts of Tappan Parts:

	January 1 (Beginning)			December 31 (Ending)
Direct materials inventory	$	21,500		$	24,800
Work-in-process inventory		32,200			28,700
Finished goods inventory		5,100			7,200

Direct materials used during the year amount to $46,300 and the cost of goods sold for the year was $53,200.

Required:

Prepare a cost of goods sold statement.

manufacturing costs

direct materials

beginning inventory

purchases

materials available

less: ending inventory

direct materials used

other manufacturing costs

total manufacturing costs

total costs of work in process

less: ending work in process

cost of goods manufactured

beginning finished goods inventory

finished goods available for sale

less: ending finished goods inventory

cost of good sold