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please help with this question Schedule of Cost of Goods Manufactured and Sold At December 31,2016, the end of its fiscal year, Kelly Metal Products

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Schedule of Cost of Goods Manufactured and Sold At December 31,2016, the end of its fiscal year, Kelly Metal Products Corporation collected the following data for 2016 Materials inventory, January 1 $64,000 Materials inventory, December 31 44,000 Work in process inventory, January 1 68,000 Work in process inventory, December 31 90,000 Finished goods inventory, January 1 42,000 Finished goods inventory, December 31 36,000 Net delivered cost of materials purchased 420,000 Direct labor 270,000 Indirect material 26,000 Indirect labor 50,000 Factory supplies used 24,000 Factory depreciation 156,000 Factory repairs and maintenance 56,000 Selling expenses (total) 126,000 Non-factory administrative expenses (total) 114,000 Prepare a schedule of cost of goods manufactured and sold for Kelly Metal Products Corporation for the year ended December 31,2016, assuming that there were no other manufacturing overhead iterns than those listed above. Do not use negative signs with any of your answers. Kelly Metal Products Corporation Schedule of Cost of Goods Manufactured and sold For the Year Ended December 31,2016 Direct material Beginning matery $ + Cost of material available Less Total materials used 5 Decals used Direct labor Manufacturing overhead indirect material indirector Factory suppressed Factory depreciation Factory repairs and maintenance Tollecting overhead Total manufacturing costs for the year Add Total cost of work in procedure they . Cost of goods manufactured Add Cost of goods available for sale Less Cost of goods sold

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