Required information Use the following information for the Exercises below. (Static) [The following information applies to the questions displayed below.] Note: Assume all raw materials were used as direct materials. QS 14-16 (Static) Computing direct materials used LO P2 Compute the cost of direct materials used for the current year. Note: Assume all raw materials were used as direct materials. QS 14-17 (Static) Schedule of cost of goods manufactured LO P2 actory overhead of $39,000 consists of Indirect labor of $20,000, Depreciation expense-Factory of $15,000, and Factory utilities of $4,000. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured. Complete this question by entering your answers in the tabs below. Prepare a schedule of cost of goods manufactured