Required information Use the following information for the Exercises below. (Algo) [The following information applies to the questions displayed below.] 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 Raw materials purchased Direct labor Factory overhead Beginning of Year End of Year $ 7,200 $ 9,900 14,400 10,900 $ 125,900 95,200 42,600 10,200 6,700 t Compute the cost of direct materials used for the current year. k Cost of Direct Material Used is Computed as: t nces 0 EA $ 0 Factory overhead of $42,600 consists of Indirect labor of $21,200, Depreciation expense-Factory of $16,200, and Factory utilities of $5,200. 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 Required A Required B> my Factory overhead of $42,600 consists of Indirect labor of $21,200, Depreciation expense-Factory of $16,200, and Factory utilities of $5,200. 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 schedule of cost of goods manufactured. Direct materials Schedule of Cost of Goods Manufactured Raw materials available for use Factory overhead $ 0 Prepare a schedule of cost of goods manufactured. Schedule of Cost of Goods Manufactured Direct materials Raw materials available for use Factory overhead Total factory overhead Cost of goods manufactured $ EA 6A $ 0 0 0