The following information is from ABC Company's general kedger, Beginning and ending imventories, respectively, for row materlals were $9,600 and $11,600 and for work in process were $21,600 and $23,600. Rew material mirchases and direct lober costs theurred. were $37,600 each, nind marhifocturing overthead applied amounted to $21,600 Required: Prepare a stetement of cost of goods monufactured for ABC Company. Note: Amounts to be deducted should be indicated by a minus sign. The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials. were $9,600 and $11,600 and for work in process were $21,600 and $23,600. Raw materlal purchases and direct lobor costs incurred were $37,600 each, and manufacturing overhead opplied amounted to $21,600. Required: Prepare a statement of cost of goods manufactured for ABC Company. Note: Amounts to be deducted should be indicated by a minus sign