CH 17 B-17 - ASHLEY CORPORATION - SCHEDULE OF COST OF GOODS MANUFACTURED

Ashley Corporation provided the following list of cost data related to its manufacturing operations for the month of September 20X4.

Beginning raw materials inventory

 $               9,66,400

Raw materials purchased (net)

                23,45,500

Ending raw materials inventory

                  8,18,200

Direct labor costs

                  3,22,300

Indirect materials

                  1,25,500

Indirect labor

                     88,900

Factory utilities and maintenance

                  4,56,000

Factory depreciation

                     56,600

Other factory related overhead

                     24,400

Beginning work in process

                  7,77,000

Ending work in process

                  7,17,000

Arrange the cost data into a statement of cost of goods manufactured.

If Ashley's cost of goods sold for the month was $4,000,000, how much was the increase or decrease in finished goods inventory for the month of September?