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12 01:30:19 ! Required information [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials.

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12 01:30:19 ! Required information [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year Raw materials purchased Direct labor Factory overhead Beginning of Year End of Year $ 7,300 $ 10,100 14,600 11,100 10,300 6,800 $ 126,100 95,300 42,900 Factory overhead of $42,900 consists of Indirect labor of $21,300, Depreciation expense-Factory of $16,300, and Factory utilities of $5,300. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured.

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