Exercise 14-14 (Part Level Submission) The following information is available for Aikman Company. January 1, 2014 2014 December 31, 2014 Raw materials inventory $22,810 $35,090 Work in process inventory 16,250 19,580 Finished goods inventory 28,650 23,290 Materials purchased $154,300 Direct labor 223,850 Manufacturing overhead 181,020 Sales revenue 901,490 (a) Compute cost of goods manufactured. Aikman Company Cost of Goods Manufactured Schedule Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 $ Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Manufacturing Overhead Materials Available for Use Materials Inventory, 1/1 Materials Inventory, 12/31 Materials Purchased Total Cost of Work-in-Process Total Manufacturing Costs Work-in-Process, 1/1 Work-in-Process, 12/31 $ Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Manufacturing Overhead Materials Available for Use Materials Inventory, 1/1 Materials Inventory, 12/31 Materials Purchased Total Cost of Work-in-Process Total Manufacturing Costs Work-in-Process, 1/1 Work-in-Process, 12/31 Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Manufacturing Overhead Materials Available for Use Materials Inventory, 1/1 Materials Inventory, 12/31 Materials Purchased Total Cost of Work-in-Process Total Manufacturing Costs Work-in-Process, 1/1 Work-in-Process, 12/31 Add Less : Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 $ Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 AddLess: Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadMaterials Available for UseMaterials Inventory, 1/1Materials Inventory, 12/31Materials PurchasedTotal Cost of Work-in-ProcessTotal Manufacturing CostsWork-in-Process, 1/1Work-in-Process, 12/31 $