Direct Labor..$362,000

Direct Materials Purchases 479,000

Manufacturing (factory) Overhead 145,000

Inventory Balances were as follows:

January 1 December 31

Work In Process $12,100 $11,900

Direct Materials 27,800 26,200

Using Excel (2 columns) you are to prepare in proper form the SCHEDULE OF COST OF GOODS MANUFACTURED for the year ending December 31, 20CY.