Concord Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Concord's CFO, has presented you with the following cost information: Direct Materials Inventory, beginning $ 86,000 Direct Materials Inventory, ending $126,000 Work in Process Inventory, beginning $ 178,000 Work in Process Inventory, ending $ 96,400 Direct labor $ 781,000 Direct materials purchases $952,000 Insurance, factory $ 53,800 Depreciation, factory $ 29,700 Depreciation, executive offices $ 18,400 Indirect labor $ 226,000 Utilities, factory $ 15,400 Utilities, executive offices $ 8,000 Property taxes, factory $ 16,100 Property taxes, executive offices $ 13,400 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Clemens. Concord Company Schedule of Cost of Goods Manufactured Cost of Goods Manufactured Direct Materials, Ending Inventory v Add Direct Materials Available For Use Less Direct Materials Used In Production Direct Labor Insurance, Factory Depreciation, Factory actory Indirect Labor Utilities, Factory Indirect Labor Utilities, Factory Property Taxes, Factory Total Manufacturing Overhead Total Manufacturing Costs Work in Process, Beginning Inventory Less Work in Process, Ending Inventory Cost of Goods Manufactured