Crunchem Cereal Company incurred the following actual costs during 20x1.

Direct material used	$	295,000
Direct labor		130,000
Manufacturing overhead		273,000

The firms predetermined overhead rate is 210 percent of direct-labor cost. The January 1 inventory balances were as follows:

Raw material	$	29,000
Work in process		39,000
Finished goods		41,000

Each of these inventory balances was 10 percent higher at the end of the year.

1. Prepare a schedule of cost of goods manufactured for 20x1.

The **** are the answers I need

CRUNCHEM CEREAL COMPANY

Schedule of Cost of Goods Manufactured

For the Year Ended December 31, 20x1

Direct material:

Raw-material inventory, January 1$29,000

Add: Purchases of raw material *******

Raw material available for use$29,000

Less: Raw-material inventory, December 31 *******

Raw material used *************

Direct labor130,000

Manufacturing overhead273,000

Total manufacturing costs$432,000

Add: Work-in-process inventory, January 139,000

Subtotal$471,000

Less: Work-in-process inventory, December 3142,900

Cost of goods manufactured$428,100