An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $212,500 $ 166,000 Work in process (1/1) Direct materials Raw materials inventory(1/1) Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used 17,800 $188,000 Direct labour Manufacturing overhead Manufacturing overhead Indirect labour Factory depreciation Factory utilities Total manufacturing overhead Total manufacturing costs 15,500 36,400 68.000 119.900 Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 80,200 $550,500