(Solved): The following balances appear on the accounts of Greusel Fabrication: Direct materials used during ...

The following balances appear on the accounts of Greusel Fabrication: Direct materials used during the year amount to $$\$542.000$$ and the cost of goods sold for the year was $$\$1,606,000$$ Required: Prepare a cost of goods sold statement. Cost of Goods Sold Statement For the Month Ended March 31 Manufacturing costs: Direct materials: