An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Lily Company. LILY COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 $216,370 Work in process (1/1) Direct materials Raw materials inventory (1/1) $ 159,650 Add: Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used 30,800 $182,910 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 24,950 40,680 75,370 141,000 Screenshot Total manufacturing costs Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 90,210 $547,000