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Lompac Products manufactures a variety of products in its factory. Data for the most recent month's operations follow: Beginning raw material inventory $340,000 Purchase of

Lompac Products manufactures a variety of products in its factory. Data for the most recent month's operations follow:

Beginning raw material inventory

$340,000

Purchase of raw material

870,000

Ending raw material inventory

210,000

Direct labor

245,000

Manufacturing overhead

560,000

Beginning work-in-process inventory

150,000

Ending work-in-process inventory

170,000

Required:

Prepared in good form a schedule of cost of goods manufactured for the company for the month.

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