TOTAL MANUFACTURING(FACTORY) OVERHEADS TOTAL MANUFACTURING COSTS (a + b + c) ADD: Work in process, 01/31 (beginning) Total cost of work in process LESS: Work in process, 12/31 (end) COST OF GOODS MANUFACTURED ADD: Finished goods, 1/1 (beginning) COST OF GOODS AVAILABLE FOR SALE LESS: Finished goods, 12/31 (end) COST OF GOODS SOLD TOTAL MANUFACTURING(FACTORY) OVERHEADS TOTAL MANUFACTURING COSTS (a + b + c) ADD: Work in process, 01/31 (beginning) Total cost of work in process LESS: Work in process, 12/31 (end) COST OF GOODS MANUFACTURED ADD: Finished goods, 1/1 (beginning) COST OF GOODS AVAILABLE FOR SALE LESS: Finished goods, 12/31 (end) COST OF GOODS SOLD