The following information is from ABC Company's general ledger: Beginning and ending inventories, respectively, for raw materials were $8,900 and $10,900 and for work in process were $20,900 and $22,900. Raw material purchases and direct labor costs incurred were $36,900 each, and manufacturing overhead applied amounted to $20,900. Required: Prepare a statement of cost of goods manufactured for ABC Company. (Amounts to be deducted should be indicated by a minus sign.) ABC COMPANY Statement of Cost of Goods Manufactured Raw materials: Raw materials inventory, beginning $ 8,900 Purchases 36,900 Raw materials inventory, ending (10,900) Raw materials available for use 34,900 x $ 34,900 > 36,900 > Less: Raw materials inventory, ending Cost of raw materials used Direct labor cost incurred Direct labor cost incurred Manufacturing overhead applied Total manufacturing costs Add: Work-in-process, beginning Less: Work-in-process, ending Add: Work-in-process, ending Cost of goods manufactured OO 20,900 92,700 209,000 (22,900) 113,600 392,400