Cost of Goods Manufactured Bob's Bistro produces party-sized hoagie sandwiches. For next year, Bob's Bistro predicts that 50,000 units will be produced with the following total costs: Direct materials Direct labor Variable overhead $100,000 60,000 Fixed overhead 260,000 Next year, Bob's Bistro expects to purchase $195,500 of direct materials. Projected beginning and ending inventories for direct materials and work in process are as follows: Direct Materials Inventory Work-in-Process Inventory Beginning Ending Required: $9,500 5,000 $4,500 2,500 1. Prepare a statement of cost of goods manufactured in good form. Bob's Bistro Statement of Cost of Goods Manufactured For the Coming Year Direct materials