Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2016 for Bourne Manufacturing Company: Administrative salaries (non-factory) $70,000 Administrative rent (non-factory) 35,000 Advertising and promotion expense 41,000 Depreciation-administrative 22,000 Depreciation-factory 30,000 Depreciation-selling 17,000 Direct labor 175,000 Factory rent 18,000 Factory supplies used 12,000 Finished goods inventory (January 1) 57,000 Finished goods inventory (December 31) 52,000 Indirect material used 14,000 Indirect labor 19,000 Materials inventory (January 1) 13,000 Materials inventory (December 31) 20,000 Net delivered cost of materials purchased 138,000 Other factory overhead 26,000 Sales 845,000 Sales salaries expense 72,000 Work in process inventory (January 1). 18,000 Work in process inventory (December 31) 31,000 Using the above data, prepare a schedule of cost of goods manufactured and sold. Using the above data, prepare a schedule of cost of goods manufactured and sold. Do not use negative signs with any of your answers. Bourne Manufacturing Company 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 0 $ 0 - Less: . 0 Total materials used 0 Less: 0 Direct material used $ LA 0 0 0 Direct labor Manufacturing overhead Indirect material Indirect labor Factory supplies used Factory depreciation Factory rent 0 0 0 0 0 0 0 Total manufacturing overhead Total manufacturing costs for the year Add: Total cost of work in process during the year 0 0 0 Business Course Return to course 0 0 Cost of material available Less: 0 Total materials used 0 Less: 0 Direct material used tA $ 0 Direct labor 0 Manufacturing overhead Indirect material Indirect labor Factory supplies used Factory depreciation Factory rent O O O 0 0 0 0 0 O O 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