a more clear picture for #9

Enable Editing Unless you need to edit, it's safer to stay in Protected View ate now. Reactivate 9. Bakerston Company is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year Beginning Balance Ending Balance Raw materials $14,000 $22.000 Work in process $27,000 $9,000 Finished goods $62,000 $77.000 The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that it would work 33,000 machine-hours and incur 5231,000 in manufacturing overhead cost. The following transactions were recorded for the year Raw materials were purchased, S315,000. Raw materials were requisitioned for use in production, $307,000 (5281,000 direct and $25,000 indirect) The following employee costs were incurred direct labor, $377,000; indirect labor, 596,000, and administrative salaries, $172,000. . Selling costs $147.000 - Factory utility costs, 10,000 Depreciation for the year was $127,000 of which $120,000 is related to factory operations and $7,000 is related to selling, general, and administrative activities. - Manufacturing overhead was applied to jobs. The actual level of activity for the year was 34,000 machine-hours - Sales for the year totaled $1,253,000 Required: a. Prepare a schedule of cost of goods manufactured (5 Points)