Schedule of COGM 51 COGS Beginning Direct Materials Inventory V $ 41,000 Purchases of Direct Materials V 231,000 Direct Materials Available For Use V 322,000 Less V 2 Ending Direct Materials Inventory V 30,000 II Direct Materials Used V $ 292,000 Direct Labor V 404,000 Manufacturing Overhead V Utilities V 24,000 Wages V 46,000 Depreciation V 42,000 112,000 Total Manufacturing Costs 808,000 Add Beginning WIP Inventory 2,700 Less Ending WIP Inventory v 1,900 Cost of Goods Manufactured 808,800 Add Beginning Finished Goods Inventory v 38,000 Less Ending Finished Goods Inventory 25,000 Cost of Goods Sold $ 821,800