An analysis of the accounts of Williams Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Beginning Ending Raw materials $11,400 $10,300 Work in process 7,000 5,000 Finished goods 10,300 10,900 Costs incurred: raw materials purchases $68,400, direct labor $47,800, manufacturing overhead $24,400. The specific overhead costs were: indirect labor $6,600, factory insurance $5,500, machinery depreciation $6,600, machinery repairs $2,600, factory utilities $3,500, miscellaneous factory costs $1,660. Assume that all raw materials used were direct materials Willians om y s considering the purchase of a new automated asser bly line for its factory. The purchase would result in several changes in Wiliams cost structure. Both direct labor and indirect labor would decrease by 4 %, Factory insurance double, machinery repairs would decrease to $500, utilities would decrease to $2,200 and miscellaneous factory costs would increase to $1,77. Materials usagewould remain at current levels ould increase to 770 nery depreciation would a Analyze the new purchase by preparing a cost of goods manufactured schedule for September 30, 2020 using the new data reparing a Williams Co. Cost of Goods