QUESTION 1 Not complete Marked out of 32.00 Flag question Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2016 for Bourne Manufacturing Company: Administrative salaries (non-factory) Administrative rent (non-factory) Advertising and promotion expense Depreciation-administrative Depreciation-factory Depreciation-selling Direct labor Factory rent Factory supplies used Finished goods inventory (January 1) Finished goods inventory (December 31) Indirect material used Indirect labor Materials inventory (January 1) Materials inventory (December 31) Net delivered cost of materials purchased $35,000 17,500 20,500 11,000 15,000 8,500 87,500 9,000 6,000 28,500 26,000 7,000 9,500 6,500 10,000 69,000 Other factory overhead Sales Sales salaries expense Work in process inventory (January 1) Work in proc oyxenixr3 13,000 422,500 36,000 9,000 50 Using the above data, prepare a schedule of cost of goods manufactured and sold Do not use negative signs with any of your answers. Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31,2016 Direct material: Beginning materials inventory Cost of material available Less: Total materials used Less: Direct material used Direct labor Manufacturing overhead Indirect materia Indirect labor Factory supplies used Factory depreciation Factory rent Total manufacturing overhead Total manufacturing costs for the year Total cost of work in process during the year Less: Cost of goods manufactured Cost of goods available for sale Less. Cost of goods sold