The following information is from ABC Company's general ledger Beginning and ending inventories, respectively, for raw materials were $9,900 and 511,900 and for work in process were $21,900 and $23,900. Raw material purchases and direct labor costs incurred were $37,900 each, and manufacturing overhead applied amounted to $21,900. 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 available for use Cost of raw materials used Total manufacturing costs Cost of goods manufactured