Question 3 Not complete Marked out of 32.00 P 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) $140,000 Administrative rent (non-factory) 70,000 Advertising and promotion expense 82,000 Depreciation-administrative 44,000 Depreciation-factory 60,000 Depreciation-selling 34,000 Direct labor 350,000 Factory rent 36,000 Factory supplies used 24,700 Finished goods inventory (January 1) 114,000 Finished goods inventory (December 31) 104,000 Indirect material used 28,000 Indirect labor 38,000 Materials inventory (January 1) 26,000 Materials inventory (December 31) 40,000 Net delivered cost of materials purchased 276,000 Other factory overhead 52,000 Sales 1,690,000 Sales salaries expense 144,000 Work in process inventory (January 1) 36,000 Work in process inventory (December 31) 62,000 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 $ 0 0 Cost of material available 0 Less: 0 Total materials used 0 Less: 0 Direct material used $ Direct labor Manufacturing overhead Indirect material Indirect labor Factory supplies used Factory depreciation 0 Factory rent $ 0 0 0 0 0 0 0 0 0 . 0 0 . 0 Total manufacturing overhead Total manufacturing costs for the year Add: Total cost of work in process during the year Less: Cost of goods manufactured Add: Cost of goods available for sale Less: Cost of goods sold 0 . 0 0 0 $ 0