An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Grouper Company. GROUPER COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2017 Work in process (1/1) Direct materials $215,960 Raw materials inventory (1/1) 46800 Add: Raw materials purchases 163,890 Total raw materials available for use 210690 22,350 Less: Raw materials inventory (12/31) Direct materials used $188,340 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 18,220 39,150 76,620 133,990 x Total manufacturing costs 95250 Total cost of work in process 633540 Less: Work in process (12/31) Cost of goods manufactured 87,360 $546,180