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At December 31,2016, the end of its fiscal year, Wicno Corporation collected the following data for 2016 Materials inventory, January 1 $81,250 Materials inventory, December

At December 31,2016, the end of its fiscal year, Wicno Corporation collected the following data for 2016

Materials inventory, January 1 $81,250
Materials inventory, December 31 48,750
Work in process inventory, January 1 97,500
Work in process inventory, December 31 133,250
Finished goods inventory, January 1 165,750
Finished goods inventory, December 31 117,000
Net delivered cost of materials purchased 406,250
Direct labor 481,000
Indirect material 39,000
Indirect labor 120,250
Factory supplies used 32,500
Factory depreciation 211,250
Factory repairs and maintenance 68,250
Selling expenses (total) 201,500
Non-factory administrative expenses (total) 188,500

Prepare a schedule of cost of goods manufactured and sold for Wicno Corporation for the year ended December 31,2016, assuming that there were no other manufacturing overhead items than those listed above.

Do not use negative signs with any of your answers.

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