An incomplete cost of goods manufactured schedule is presented below.

Culver Company Cost of Goods Manufactured Schedule

Exercise 10-9 An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Culver Company. CULVER COMPANY Cost of Goods Manufactured Schedule $211,790 Work in process (1/1) Direct materials Raw materials inventory (1/1) $ 161,290 24,130 $ 187,540 Add: Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 21,060 36,940 76,380 134,380 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 84,050 $549,950 CULVER COMPANY Cost of Goods Manufactured Schedule For the Month Ended December 31, 2017 For the Year Ended December 31, 2017 December 31, 2017