The following information is available for Sandhill Company. (Assume all raw materials used were direct materials.) January 1, 2022 December 31, 2022 2022 Raw materials inventory $31,200 $36,000 Work in process inventory 22,200 26,560 Finished goods inventory 36,000 25,200 Materials purchased $204,000 Direct labor 276,000 Manufacturing overhead 216,000 Sales 960,000 (a) Your answer is correct. Compute cost of goods manufactured. Cost of goods manufactured (b) Attempts: 1 of 2 used bare an income statement through gross profit. SANDHILL COMPANY Income Statement For the Year Ended December 31, 2022 Save for Later Last saved 6 hours ago Saved work will be auto-submitted on the due date: Auto submission can take up to 10 minutes Attempts: 0 of 2 used Submit