Cooper's manufacturing costing system uses a three-part classification of direct materials, direct manufacturing labor, and manufacturing overhead costs For Specific Date For Year 2017 Work-in-process inventory, Jan. 1, 2017$14 Direct materials inventory, Dec. 31, 2017 Finished-goods inventory, Dec. 31, 2017 Accounts payable, Dec. 31, 2017 Accounts receivable, Jan. 1, 2017 Work-in-process inventory, Dec. 31, 2017 Finished-goods inventory, Jan 1, 2017 Accounts receivable, Dec. 31, 2017 Accounts payable, Jan. 1, 2017 Direct materials inventory, Jan. 1, 2017 Plant utilities Indirect manufacturing labor Depreciation-plant and equipment Revenues Miscellaneous manufacturing overhead 30 7 12 26 54 354 13 4 Marketing, distribution, and customer-service costs 47 Direct materials purchased 36 Direct manufacturing labor 49 Plant supplies used 37 Property taxes on plant 82 39 The following items (in millions) pertain to Cooper Corporation: EEB (Click the icon to view the items.) Requirement repare an income statement and a supporting schedule of cost of goods manufactured. egin by preparing the supporting schedule of cost of goods manufactured (in millions). Start with the direct materials and direct labor costs, then indirect anufactuing costs, and complete the schedule by calculating cost of goods manufactured. Cooper Corporation Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 (in millions) Direct material costs Direct materials used Direct labor manufacturing costs Indirect manufacturing costs Indirect manufacturing costs: Total indirect manufacturing costs Manufacturing costs incurred during 2017 Total manufacturing costs to account for