An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Novak Company. Assume all raw materials are direct materials NOVAK COMPANY Cost of Goods Manufactured Schedule $210,000 Work in process (1/1) Direct materials 158.400 Raw materials inventory (1/1) Add: Raw materials purchases Total raw materials available for use Lean; Raw materials inventory (12/31) Direct materials used 23.000 $180,000 Direct labor Manufacturing overhead 18,400 Indirect labor 23,000 $180,000 Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 18.400 35,800 68.400 122,600 Total manufacturing costs Total cost of work in process 80.800 Less: Work in process (12/31) $540,000 Cost of goods manufactured