The cost of goods manufactured schedule shows each of the cost elements. Complete the following schedule for Salazar Manufacturing Company.

Instructions Indicate the missing amount for each letter

(a) through (i)

Transcribed Image Text:

Work in process (1/1) Direct materials SALAZAR MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2002 Raw materials inventory (11) Add: Raw materials purchases Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured $ ? 158,000 7,500 $190,000 $ 18,000 36,000 68,000 122,000 $200,000 81,000 $560,000