! Required Information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. Beginning of Year End of Year Inventories Raw materials inventory $ 7,200 $ 9,900 Work in process inventory 14,400 10,200 Finished goods inventory 10,900 6,700 Activity during current year Raw materials purchased $ 125,900 Direct labor 95,200 Factory overhead 42,600 QS 14-17 (Algo) Schedule of cost of goods manufactured LO P2 Factory overhead of $42,600 consists of Indirect labor of $21,200, Depreciation expense-Factory of $16,200, and Factory utilities of $5,200. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Required A Required B Prepare a schedule of cost of goods manufactured. Schedule of Cost of Goods Manufactured Direct materials Raw materials available for use Factory overhead Total factory overhead $ 0 0 Cost of goods manufactured $ 0
