Rocket Company produces small gasoline-powered engines for model airplanes. Mr. Clemens, Rockets CFO, has presented you with the following cost information:

Direct Materials Inventory, beginning $ 80,000 Direct Materials Inventory, ending $122,000 Work in Process Inventory, beginning $140,000 Work in Process Inventory, ending $95,000 Direct labor $780,000 Direct materials purchases $940,000 Insurance, factory $ 50,000 Depreciation, factory $ 22,000 Depreciation, executive offices $15,000 Indirect labor $220,000 Utilities, factory $17,000 Utilities, executive offices $8,000 Property taxes, factory $18,000 Property taxes, executive offices $14,000

Using this cost information, prepare a cost of goods manufactured schedule for Mr. Clemens.