Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2016 for Bourne Manufacturing Company:

Administrative salaries (non-factory)	$35,000
Administrative rent (non-factory)	17,500
Advertising and promotion expense	20,500
Depreciation-administrative	11,000
Depreciation-factory	15,000
Depreciation-selling	8,500
Direct labor	87,500
Factory rent	9,000
Factory supplies used	6,000
Finished goods inventory (January 1)	28,500
Finished goods inventory (December 31)	26,000
Indirect material used	7,000
Indirect labor	9,500
Materials inventory (January 1)	6,500
Materials inventory (December 31)	10,000
Net delivered cost of materials purchased	69,000
Other factory overhead	13,000
Sales	422,500
Sales salaries expense	36,000
Work in process inventory (January 1)	9,000
Work in process inventory ( December 31)	15,500

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		Answer
Answer Cost of materials purchased Ending materials inventory Indirect materials used Beginning work in process inventory Ending work in process inventoryBeginning finished goods inventoryEnding finished goods inventory		Answer
Cost of material available		Answer
Less:	AnswerCost of materials purchasedEnding materials inventoryIndirect materials usedBeginning work in process inventoryEnding work in process inventoryBeginning finished goods inventoryEnding finished goods inventory	Answer
Total materials used		Answer
Less:	AnswerCost of materials purchasedEnding materials inventoryIndirect materials usedBeginning work in process inventoryEnding work in process inventoryBeginning finished goods inventoryEnding finished goods inventory	Answer
Direct material used			Answer
Direct labor			Answer
Manufacturing overhead
Indirect material		Answer
Indirect labor		Answer
Factory supplies used		Answer
Factory depreciation		Answer
Factory rent		Answer
AnswerCost of materials purchasedEnding materials inventoryIndirect materials usedBeginning work in process inventoryEnding work in process inventoryBeginning finished goods inventoryEnding finished goods inventoryOther factory overhead		Answer
Total manufacturing overhead			Answer
Total manufacturing costs for the year			Answer
Add:	AnswerCost of materials purchasedEnding materials inventoryIndirect materials usedBeginning work in process inventoryEnding work in process inventoryBeginning finished goods inventoryEnding finished goods inventoryOther factory overhead		Answer
Total cost of work in process during the year			Answer
Less:	AnswerCost of materials purchasedEnding materials inventoryIndirect materials usedBeginning work in process inventoryEnding work in process inventoryBeginning finished goods inventoryEnding finished goods inventoryOther factory overhead		Answer
Cost of goods manufactured			Answer
Add:	AnswerCost of materials purchasedEnding materials inventoryIndirect materials usedBeginning work in process inventoryEnding work in process inventoryBeginning finished goods inventoryEnding finished goods inventoryOther factory overhead		Answer
Cost of goods available for sale			Answer
Less:	AnswerCost of materials purchasedEnding materials inventoryIndirect materials usedBeginning work in process inventoryEnding work in process inventoryBeginning finished goods inventoryEnding finished goods inventoryOther factory overhead		Answer
Cost of goods sold			Answer