January 1 (Beginning) | December 31 (Ending) | |||||
Direct materials inventory | $ | 97,900 | $ | 108,100 | ||
Work-in-process inventory | 109,600 | 104,200 | ||||
Finished goods inventory | 44,600 | 45,400 |
Direct materials purchased during the year amount to $515,000, and the cost of goods sold for the year was $1,875,000.
Prepare a cost of goods sold statement
What are the other manufacturing costs?
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