Schedule of Cost of Goods Manufactured and Sold At December 31,2016, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2016

Materials inventory, January 1	$87,500
Materials inventory, December 31	52,500
Work in process inventory, January 1	105,000
Work in process inventory, December 31	143,500
Finished goods inventory, January 1	178,500
Finished goods inventory, December 31	126,000
Net delivered cost of materials purchased	437,500
Direct labor	518,000
Indirect material	42,000
Indirect labor	129,500
Factory supplies used	35,000
Factory depreciation	227,500
Factory repairs and maintenance	73,500
Selling expenses (total)	217,000
Non-factory administrative expenses (total)	203,000

Prepare a schedule of cost of goods manufactured and sold for Lederman Manufacturing 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.

Schedule of Cost of Goods Manufactured and Sold At December 31,2016, the end of its fiscal year, Lederman Manufacturing Corporation collected the following data for 2016 Materials inventory, January 1 Materials inventory, December 31 Work in process inventory, January 1 Work in process inventory, December 31 143,500 Finished goods inventory, January 1 Finished goods inventory, December 31 Net delivered cost of materials purchased 437,500 Direct labor Indirect material Indirect labor Factory supplies used Factory depreciation Factory repairs and maintenance Selling expenses (total) Non-factory administrative expenses (total) 203,000 $87,500 52,500 105,000 178,500 126,000 518,000 42,000 129,500 35,000 227,500 73,500 217,000 Prepare a schedule of cost of goods manufactured and sold for Lederman Manufacturing 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. 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