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.

	Beginning of Year	End of Year
Inventories
Raw materials inventory	$ 7,400	$ 10,300
Work in process inventory	14,800	10,400
Finished goods inventory	11,300	6,900

Activity during current year
Raw materials purchased	$ 126,300
Direct labor	95,400
Factory overhead	43,200

rev: 05_18_2021_QC_CDR-376

QS 18-17 (Algo) Schedule of cost of goods manufactured LO P2

Factory overhead of $43,200 consists of Indirect labor of $21,400, Depreciation expenseFactory of $16,400, and Factory utilities of $5,400. a. Compute total manufacturing costs. b. Prepare a schedule of cost of goods manufactured.