Bakerston Company is a manufacturing firm that uses job-order costing. The company's inventory balances were as follows at the beginning and end of the year Beginning Balance $ 11,600 Work in process32,200 $102,000 Ending Balance $ 15,300 14,100 $121,000 Raw materials Finished goods The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the yeaf, the company estimated that it would work 17,400 machine-hours and incur $261,000 in manufacturing overhead cost. The following transactions were recorded for the year . Raw materials were purchased, $410,000 Raw materials were requisitioned for use in production, $406,300 ($385,000 direct and $21,300 indirect), The following employee costs were incurred: direct labor, $338,000; indirect labor, $73,000; and adm lnilrsndge amlariwes 1st w0re ncurdrect bor, 5338,8,00, administrative salaries, $154,000 Selling costs, $111,000 . Factory utility costs, $30,000 . Depreciation for the year was $122,000 of which $111,000 is related to factory operations and $11,000 is related to selling, general, and administrative activities. . Manufacturing overhead was applied to jobs. The actual level of activity for the year was 15,000 machine-hours . Sales for the year totaled $1,288,000. Required a. Prepare a schedule of cost of goods manufactured in good form. (Do not round predetermined overhead rate. Input all amounts as positive values.)