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Factory overhead of $40,500 consists of Indirect labor of $20,500, Depreciation expense- Factory of $15,500, and Factory utilities of $4,500. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Required A Required B Compute total manufacturing costs. Total manufacturing costs $ 0 Required A Required B Prepare a schedule of cost of goods manufactured. Schedule of Cost of Goods Manufactured Direct materials Raw materials available for use $ 0 Factory overhead Total factory overhead 0 0 Cost of goods manufactured $ 0 Required information [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. Beginning of Year End of Year Inventories Raw materials inventory Work in process inventory Finished goods inventory $ 6,500 13,000 9,500 $ 8,500 9,500 6,000 Activity during current year Raw materials purchased $ 124,500 Direct labor 94,500 Factory overhead 40,500 Compute the cost of direct materials used for the current year. Cost of Direct Material Used is Computed as: Direct materials used Add: Raw materials purchased 0 $ 0