BONITA COMPANY Cost of Goods Manufactured Schedule $219,610 Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 160,200 Total raw materials available for use 29,310 Less: Raw materials inventory (12/31) Direct materials used $182,130 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 26,980 45,020 72,870 144,870 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 84,330 $546,840