An incomplete cost of goods manufactured schedule is presented below.

Instructions Complete the cost of goods manufactured schedule for Molina Manufacturing Company.

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Work in process (1/1) Direct materials MOLINA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2012 Raw materials inventory (1/1) Add: Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs $ ? 158,000 ? 22,500 $190,000 ? 18,000 36,000 68,000 122,000 Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured $210,000 ? 81,000 $530,000