Prepare a cost of goods manufactured schedule for Premium Manufacturing Company for 2022.

Premium Manufacturing Company has the following cost and expense data for the year ended December 31, 2022:

Raw materials, January 1	$ 30,000	Insurance factory building	$ 14,000
Raw materials, December 31	20,000	Property taxes factory bldg.	6,000
Raw materials purchased	205,000	Sales (net)	1,500,000
Indirect materials	15,000	Delivery expenses	100,000
Work in process, January 1	80,000	Sales commissions	150,000
Work in process, December 31	50,000	Indirect Labour	90,000
Finished goods, January 1	110,000	Factory machinery rent	40,000
Finished goods, December 31	120,000	Factory utilities	65,000
Direct labour	350,000	Depreciation factory building	24,000
Factory managers salary	35,000	Administrative expenses	300,000