Question 6 An incomplete cost of goods manufactured schedule is presented below for Cepeda Manufacturing Company for the year ended December 2020: Complete the cost of goods manufactured schedule for Cepeda Manufacturing Company. CEPEDA MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2020 Work in process (1/1) Direct materials $213,500 Raw materials inventory, (1/1) 165,000 Raw materials purchases Total raw materials available for use Less: Raw materials inventory (12/31) Direct materials used 18,000 $188,000 Direct labour Manufacturing overhead Indirect labour Factory depreciation Factory utilities Total manufacturing overhead 15,100 36,700 69,000 120,800 Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 81,000 $550,400