Part A

Drake Company manufactures quality gentlemen's clothing. The following selected financial information for the fiscal year 2017 is provided:

Item	Amount
Sales	$100,000
Cost of Goods Manufactured	75,000
Direct Material Purchased	30,000
Factory Overhead	10,000
Work in Process - January 1	30,000
Work in Process - December 31	15,000
Direct Material - December 31	10,000
Finished Goods Inventory - December 31	60,000
Net Income	15,000
Direct Materials used	30,000
Cost of Goods Sold	55,000

Use this information to prepared a detailed Schedule of Costs of Goods Manufactured for FY 2017: (Round dollar values & enter as whole dollars only.) Please use the blank answer key below to answer question.

Schedule of Costs of Goods Manufactured

Schedule of Costs of Goods Manufactured