Complete cost of goods manufactured schedule.

HOBBIT COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2017 Nork in process (1/1) $213,14 Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 168,130 Total raw materials available for use Less: Raw materials inventory (12/31) 27,530 Direct materials used $183,200 Direct labor Manufacturing overhead Indirect labor 26,260 39,410 Factory depreciation Factory utilities 78,070 Total overhead 143,740 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) 87,830 $541,930 Cost of goods manufactured