An incomplete cost of goods manufactured schedule is presented here.

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

METLOCK 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

$171,200$

Total raw materials available for use

Less: Raw materials inventory, December $31$

$25,000$

Direct materials used

Direct labor

$$194,400$

Manufacturing overhead

Indirect labor

$20,000$

Factory depreciation

$38,600$

Factory utilities

$74,000$

Iota$$raw mater$$a$$s ava$$abie tor use

Manufacturing overhead

Total manufacturing overhead

Total manufacturing costs

Total cost of work in process

Less: Work in process, December $31$

Cost of goods manufactured

Attempts: $0$ of $3$ used

An incomplete cost of goods manufactured schedule is presented here.

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