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laab Corporation is a manufacturing firm that uses job-order costing. The company's inventory baiances were as follows at the eginning and end of the year:

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laab Corporation is a manufacturing firm that uses job-order costing. The company's inventory baiances were as follows at the eginning and end of the year: - The company applies overhead to jobs using a predetermined overhead rate based on machine-hours. At the beginning of the year, the company estimated that it would work 33,750 machine-hours and incur $286,875 in manufacturing overhead cost. The following transactions were recorded for the year: - Raw materials were purchased, $315,750. - Raw materials were requisitioned for use in production, $307,750($280,250 direct and $27,500 indirect). - The following employee costs were incurred: direct labor, $377,750; indirect labor, $96,750; and administrative salaries, $172,750 - Selling costs, $147,750 - Factory utility costs, $10,750. - Depreciation for the year was $172,000 of which $158,000 is related to factory operations and $14,000 is related to selling. general, and administrative activities - Manufacturing overhead was applied to jobs. The actual level of activity for the year was 34,150 machine-hours Prepare a schedule of cost of goods manufactured

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