B--%7B"dataindex"%3A5220%2C"childindex"%3A0%2C"offset"%3A0%7D/ Hobbit Company Cost of Goods Manufactured Schedule For the Year Ended December 31, 2022 $210,000 $ ? Work in process (1/1) Direct materials Raw materials i nventory (1/1) Add: Raw mater ials purchases Total raw mater ials available for u 158,000 ? se 22,500 $180,000 Less: Raw mate rials inventory (1 2/31) Direct materials u sed Direct labor Manufacturing ov erhead Indirect labor ? 18,000 Pro 1 of 1 OSAD294 childindex"%3A0%2C"offset"%3A0%7D/ Factory depreci 36,000 ation Factory utilities 68,000 Total overhead 122,000 Total manufacturi ? ng costs Total cost of work ? in process Less: Work in pro 81,000 cess (12/31) Cost of goods ma $540,000 nufactured Instructions Complete the cost of goods manufactured schedule for Hobbit Company. B--%7B"dataindex"%3A5220%2C"childindex"%3A0%2C"offset"%3A0%7D/ Hobbit Company Cost of Goods Manufactured Schedule For the Year Ended December 31, 2022 $210,000 $ ? Work in process (1/1) Direct materials Raw materials i nventory (1/1) Add: Raw mater ials purchases Total raw mater ials available for u 158,000 ? se 22,500 $180,000 Less: Raw mate rials inventory (1 2/31) Direct materials u sed Direct labor Manufacturing ov erhead Indirect labor ? 18,000 Pro 1 of 1 OSAD294 childindex"%3A0%2C"offset"%3A0%7D/ Factory depreci 36,000 ation Factory utilities 68,000 Total overhead 122,000 Total manufacturi ? ng costs Total cost of work ? in process Less: Work in pro 81,000 cess (12/31) Cost of goods ma $540,000 nufactured Instructions Complete the cost of goods manufactured schedule for Hobbit Company