es Direct materials inventory Work-in-process inventory Finished goods inventory March 1 (Beginning) $ 37,000 63,000 43,500 March 31 (Ending) $ 42,000 67,200 39,200 Direct materials used during the month amount to $526,000 and the cost of goods sold for the month was $1,446,000. Required: Prepare a cost of goods sold statement. Manufacturing costs: Direct materials: Materials available Direct materials used Total manufacturing costs Total costs of work-in-process Cost of goods manufactured Finished goods available for sale Cost of goods sold GREUSEL FABRICATION Cost of Goods Sold Statement For the Month Ended March 31