Concord Company produces small gasoline-powered engines for model airplanes. Mr. Jones, Concord's CFO, has presented you with the following cost information: $ 65,000 $ 48,000 Direct Materials Inventory, beginning Direct Materials Inventory, ending Work in Process Inventory, beginning Work in Process Inventory, ending Direct labor $ 27,000 $ 22,000 $ 155,000 Direct materials purchases $ 220,000 Insurance, factory 45,000 $ 20,000 Depreciation, factory $ Depreciation, executive offices 14,000 Indirect labor $ 14,000 $ Utilities, factory 17,000 $ 7,000 Utilities, executive offices $ 7,000 Utilities, executive offices Property taxes, factory Property taxes, executive offices $ 13.000 $ 7,000 Using this cost information, prepare a cost of goods manufactured schedule for Mr. Jones Concord Company Schedule of Cost of Goods Manufactured Direct Materials. Beginning inventory : $ Direct Materials used in Production Add :: Direct Materiais Purchases 4 Subtract Direct Materials Ending Inventory $ . 4