The following information are the costs incurred by Dowdy Manufacturing Company in the Month of August 2022: Direct Materials used $25,000 Indirect Materials used 2,000 Direct labor used 40,000 Indirect labor used is 5,000 Prepaid Insurance for Factory (3 months ) 9,000 Rent expense for non-factory use 4,000 Utilities Expense ( 75% is for factory operations) 12,000 Depreciation Expense (Factory Machinery) 1,500 Required: Present in Good Form, the Statement of Cost of Goods In Production for Dowdy Manufacturing Company for August 31, 2022