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. Beginning of Year End of Year Inventories Raw materials Inventory Work in process inventory $ 6,000 $7,000 12,000 9,000 Finished goods inventory 8,000 5,000 Activity during current year Raw materials purchased Direct labor Factory overhead $123,000 94,000 39,000 QS 14-17 (Static) Schedule of cost of goods manufactured LO P2 Factory 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. Required A Required B Compute total manufacturing costs. Total manufacturing costs 0 C Regalad A Required B > Note: Assume all raw materials were used as direct materials Inventories Raw materials inventory Work in process inventory Finished goods inventory Activity during current year 0.21 Raw materials purchased Direct labor Factory overhead Beginning of Year End of Year $6,000 $7,000 12,000 9,000 8,000 5,000 $123,000 94,000 39,000 4 nt rences QS 14-17 (Static) Schedule of cost of goods manufactured LO P2 Factory overhead of $39,000 consists of Indirect labor of $20,000, Depreciation expense-Factory of $15,000, and Factory utilit $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. Required A Required B Prepare a schedule of cast of goods manufactured. Schedule of Cost of Goods Manufactured Direct materials Raw materials available for use Factory overhead Total factory overhead $ O 0 Cost of goods manufactured $ 0