An incomplete cost of goods manufactured schedule is presented here.

Complete the cost of goods manufactured schedule for Kingbird Company. $($Assume that all raw materials used were direct materials.$)$

KINGBIRD COMPANY

Cost of Goods Manufactured Schedule

For the Year Ended December $31,2027$

Work in process, January $1$

Direct materials

Raw materials inventory, January $1$

Raw materials purchases

$161,600$

Total raw materials available for use

Less: Raw materials inventory, December $31$