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 $212,000 Work in process (1/1) Direct materials Raw materials inventory, (1/1) Raw materials purchases 167,000 Total raw materials available for use 18,200 Less: Raw materials inventory (12/31) Direct materials used $189,000 Direct labour Manufacturing overhead Indirect labour Factory depreciation Factory utilities Total manufacturing overhead 15,100 36,400 68,800 120,300 Total manufacturing costs Total cost of work in process 80,800 Less: Work in process (12/31) Cost of goods manufactured $550,000