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

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Note: Assume all raw materials were used as direct materials.

Beginning of Year End of Year

Inventories

Raw materials inventory $ $6,300$ $ $8,100$

Work in process inventory $12,6009,300$

Finished goods inventory $9,1005,800$

Activity during current year

Raw materials purchased $ $124,100$

Direct labor $94,300$

Factory overhead $39,900$

QS $14-17($Algo$)$ Schedule of cost of goods manufactured LO P$2$

Factory overhead of $$39,900$ consists of Indirect labor of $$20,300,$ Depreciation expense$$Factory of $$15,300,$ and Factory utilities of $$4,300.$

Compute total manufacturing costs.

Prepare a schedule of cost of goods manufactured.