The following information is available for Ethtridge Manufacturing Company for the month ending July 31 Cost of direct materials used in production Direct labor $103,000 123,600 Work in process inventory, July 1 46,400 Work in process inventory, July 31 62,800 Total factory overhead 56,700 Determine Ethtridge's cost of goods manufactured for the month ended July 31. Ethtridge Manufacturing Company Statement of Cost of Goods Manufactured For the Month Ended July 31 Work in process inventory, July 1 Add manufacturing costs incurred during July: Cost of direct materials used in production Direct labor Factory overhead Total manufacturing costs incurred Total manufacturing costs Less work in process inventory, July 31 Cost of goods manufactured