Required Supply the missing information on the following schedule of cost of goods manufactured. FISCHER CORPORATION
Schedule of Cost of Goods Manufactured
For the Year Ended December 31, 2014
Raw materials
Beginning inventory
Plus: Purchases	120,000
Raw materials available for use	$148,000
Minus: Ending raw materials inventory
Cost of direct raw materials used	$124,000
Direct labor
Manufacturing overhead	24,000
Total manufacturing costs	324,000
Plus: Beginning work in process inventory
Total work in process
Minus: Ending work in process inventory	46,000
Cost of goods manufactured	$320,000