Fill in the missing information on the cost of goods manufactured schedule of Noland Manufacturing Company: NOLAND MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2019 Work in process (1/1) $340,000 Direct materials Raw materials inventory (1/1) $ Raw materials purchases 246,000 Raw materials available for use Raw materials inventory (12/31) 37,000 Direct materials used $255,000 Direct labor Manufacturing overhead Indirect labor 19,000 Factory depreciation 38,000 Factory utilities 39,000 Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) 322,000 Cost of goods manufactured $480,000