Question 2 of 5 View Policies Current Attempt in Progress An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Hobbit Company. HOBBIT COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 + Work in process (1/1) Direct materials Raw materials inventory (1/1) $ 48660 Add: Raw materials purchases 163,780 Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor 212440 29,040 18,990 $183,400 -15 : $214,900 Question 2 of 5 > Less: Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured eTextbook and Media Save for Later Last saved 2 days ago. Saved work will be auto-submitted on the due date. Auto- submission can take up to 10 minutes. 29,040 18,990 41,250 73,360 -/5 $183,400 133,600 Attempts: 0 of 5 used !!! 90,640 $541,580 Submit