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An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020:

Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company.

An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 Work in process (1/1) $217,500 Direct materials Raw materials inventory, (1/1) Raw materials purchases 166,000 Total raw materials available for use Less: Raw materials inventory (12/31) 18,100 Direct materials used $190,000 Direct labour Manufacturing overhead Indirect labour 15,600 Factory depreciation 36,000 Factory utilities 68,100 Total manufacturing overhead 119,700 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) 80,200 Cost of goods manufactured $550,400