QUESTION 21 Not yet answered Points out of 20.00 PFlag question 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 $32,000 Materials inventory, December 31 Work in process inventory. January 1 Work in process inventory, December 31 Finished goods inventory, January 1 Finished goods inventory, December 31 Net delivered cost of materials purchased Direct labor 34,000 45,000 21,000 18,000 210,000 135,000 Fir Indirect material Indirect labor 25,000 12,000 78,000 28,000 63,000 57,000 Factory supplies used Factory depreciation Factory repairs and maintenance Selling expenses (total) Non-factory administrative expenses (total) 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 items than those listed above. Do not use negative signs with any of your answers