ALEXANDRIA ALUMINUM COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20x1 Answer is not complete. ALEXANDRIA ALUMINUM COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20x1 Direct material Raw-material inventory, January 1 Add: Purchases of raw material Raw material available for use $65,000 260,000 $ 325,000 (70,000) Direct material Raw-material inventory, January1 Add: Purchases of raw material Raw material available for use Less: Raw-material inventory, December 31(70,000) Raw material used Direct labor Manufacturing overhead: Indirect material Indirect labor Depreciation on plant and equipment Utilities Other 65,000 260,000 ess: Raw-material inventory, December 31 Raw material used Direct labor Manufacturing overhead ndirect material ndirect labor Depreciation on plant and equipment Utilities Other 325,000 $ 255,000 400,000 255,000 400,000 $ 9,000 24,000 100,000 25,000 30,000 s 9,000 24,000 100,000 25,000 30,000 Total manufacturing overhead Total manufacturing costs 188,000 $ 843,000 Total manufacturing overhead Total manufacturing costs Add: Work-in-process inventory, January 1 Subtotal Less: Work-in-process inventory, December 31 Cost of goods manufactured 188,000 843,000 dd: Work-in-process inventory, January 1 Subtotal ess: Work-in-process inventory, December 31 Cost of goods manufactured 3 Answer is complete but not entirely correct. ALEXANDRIA ALUMINUM COMPANY Schedule of Cost of Goods Sold For the Year Ended December 31, 20x1 Finished-goods inventory, January 1 Add: Cost of goods manufactured Cost of goods available for sale Less: Finished-goods inventory, December 31 Cost of goods sold