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Use the following information for the Exercises below. (Algo)

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[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	$ 6,200	$ 7,900
Work in process inventory	12,400	9,200
Finished goods inventory	8,900	5,700

Activity during current year
Raw materials purchased	$ 123,900
Direct labor	94,200
Factory overhead	39,600

QS 14-17 (Algo) Schedule of cost of goods manufactured LO P2

Factory overhead of $39,600 consists of Indirect labor of $20,200, Depreciation expenseFactory of $15,200, and Factory utilities of $4,200.

1. Compute total manufacturing costs.
2. Prepare a schedule of cost of goods manufactured.