An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Blue Company. BLUE COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2017 Work in process (1/1) Direct materials Raw materials inventory (1/1) $ Add: Raw materials purchases 165,750 Total raw materials available for use $217,560 31,930 $189,460 Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 18,160 45,740 71,280 135,180 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 87,790 $549,230 LINK TO TEXT VIDEO: APPLIED SKILLS