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Note: Assume all raw materials were used as direct materials. Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current

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Note: Assume all raw materials were used as direct materials. Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year Raw materials purchased Direct labor Factory overhead Beginning of Year $ 6,800 End of Year $9,100 9,800 13,600 10,100 6,300 $ 125,100 94,800 41,400 QS 14-17 (Algo) Schedule of cost of goods manufactured LO P2 Factory overhead of $41,400 consists of Indirect labor of $20,800, Depreciation expense-Factory of $15,800, and Factory utilities of $4,800. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured.

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