etete FLOUNDER COMPANY Cost of Goods Manufactured Schedule $219,610 $ 160,200 29,310 $182,130 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 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 26,980 45,020 72870 144,870 84,330 $546,840