An incomplete cost of goods manufactured schedule is presented below.

Complete the cost of goods manufactured schedule for Molina Company.

MOLINA COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2014 Work in process (1/1) Direct materials $217,710 Raw materials inventory (1/1) Add: Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) 166,790 25,510 $198,180 Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 23,060 39,520 74,500 137,080 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 81,350 $534,390