Sage Hill Company is a manufacturer of smartphones. Its controller resigned in October 2025 . An inexperienced assistant accountant has prepared the following income statement for the month of October 2025. Prior to October 2025, the company had been profitable every month. The company's president is concerned about the accuracy of the income statement. As her friend, you have been asked to review the income statement and make necessary corrections. After examining other manufacturing cost data, you have acquired additional information as follows. 1. Inventory balances at the beginning and end of October were: 2. Only 75% of the utilities expense and 60% of the insurance expense apply to factory operations. The remaining amounts should be charged to selling and administrative activities. Prepare a schedule of cost of goods manufactured for October 2025. (Assume that all raw materials used were direct materials.) SAGE HILL COMPANY Cost of Goods Manufactured Schedule For the Month Ended October 31, 2025 Work in Process, October 1 Direct Materials Raw Materials Inventory, October 1 Raw Materials Purchases Total Raw Materials Available for Use Less Raw Materials Inventory, October 31 Direct Materials Used Direct Labor Manufacturing Overhead Factory Facility Rent Factory Insurance Factory Utilities Indirect Labor Depreciation on Factory Equipment Total Manufacturing Overhead Total Manufacturing Costs Total Cost of Work in Process Less V: Work in Process, October 31 Cost of Goods Manufactured $ 22000 209000 8800 13200 30800 \begin{tabular}{|r|} \hline \\ \hline \end{tabular} $19800