Schedule of Cost of Goods Manufactured and Sold At December 31,2016, the end of its fiscal year, Kelly Metal Products Corporation collected the following data for 2016 Prepare a schedule of cost of goods manufactured and sold for Kelly Metal Products Corporation for the year ended December 31,2016, assuming that there were no other manufacturing overhead items than those listed above. Do not use negative signs with any of your answers. Kelly Metal Products Corporation Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31,2016 Direct material: \begin{tabular}{l} Beginning materials inventory \\ Cost of material available \\ \hline Less: \\ \hline Total materials used \\ \hline Less: \\ \hline Direct materials used \\ \hline Direct labor \\ \hline Manufacturing overhead \\ \hline Indirect material \\ \hline Indirect labor \\ \hline Factory supplies used \\ \hline Factory depreciation \\ \hline Factory repairs and maintenance \\ \hline Total manufacturing overhead \\ \hline Total manufacturing costs for the year \\ \hline Add: \\ \hline Total cost of work in process during the year \\ \hline Less: \\ \hline Cost of goods manufactured \\ \hline Add: \\ \hline Cost of goods available for sale \\ \hline Less: \\ \hline Cost of goods sold \\ \hline \end{tabular}