E1-4B An incomplete cost of goods manufactured schedule is presented below. Determine missing amounts in cost of goods manufactured schedule. (LO 6) RAMOS MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2014 $207,500 $ ? 165,000 Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead 17,500 $190,000 2 chapter 1 Managerial Accounting $15,000 36,000 68,000 119,000 Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 67,000 $550,000 Instructions Complete the cost of goods manufactured schedule for Juan Manufacturing Company