complete cost of goods manufactured

Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 Work in process (1/1) $215,370 Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 164,870 Total raw materials available for use Less: Raw materials inventory (12/31) 27,100 Direct materials used $183,400 Direct labor Manufacturing overhead Indirect labor 21,960 Factory depreciation 36,430 Factory utilities 71,750 Total overhead 130,140 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) 88,810 $545.650 Cost of goods manufactured