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 Materials inventory, January 1 $96,000 Materials inventory, December 31 66,000 Work in process inventory, January 1 102,000 Work in process inventory, December 31 135,000 Finished goods inventory, January 1 63,000 Finished goods inventory, December 31 54,000 Net delivered cost of materials purchased 630,000 Direct labor 405,000 Indirect material 39,000 Indirect labor 75,000 Factory supplies used 36,000 Factory depreciation 234,000 Factory repairs and maintenance 84,000 Selling expenses (total) 189,000 Non-factory administrative expenses (total) 171,000 0 > 0 0 0 0 $ 0 0 0 Kelly Metal Products Corporation Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31,2016 Direct material: Beginning materials inventory $ 0 Cost of material available Less: Total materials used Less: Direct materials used Direct labor Manufacturing overhead Indirect material Indirect labor 0 Factory supplies used Factory depreciation Factory repairs and maintenance Total manufacturing overhead Total manufacturing costs for the year Add: Total cost of work in process during the year Less: Cost of goods manufactured Add: Cost of goods available for sale Less: Cost of goods sold 0 0 0 0 0 0 0 0 0 0 0 0 0