32. Use the information from Exercises 29-31 to prepare So Chic's statement of cost of goods manufactured for the 20Y5 calendar year-end. So Chic Statement of Cost of Goods Manufactured For the Year Ended December 31, 20Y5 Work in process inventory, Jan. 1, 2015 $ 94,800 Direct materials: Materials inventory, Jan. 1, 20Y5 Purchases Cost of materials available for use Materials inventory, Dec. 31, 20Y5 Cost of direct materials used $ 22,100 32,000 $ 54,100 (19,100) $35,000 Direct labor 28,275 Factory overhead 37,500 Total manufacturing costs incurred in 2015 100,775 Total manufacturing costs $195,575 Work in process inventory, Dec. 31, 2015 Cost of goods manufactured (91,800) $103,775