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

Administrative salaries (non-factory)	$127,500
Administrative rent (non-factory)	70,500
Advertising and promotion expense	139,500
Depreciation-administrative	115,500
Depreciation-factory	142,500
Depreciation-selling	54,000
Direct labor	487,500
Factory rent	102,000
Factory supplies used	34,500
Finished goods inventory (January 1)	91,500
Finished goods inventory (December 31)	94,500
Indirect material used	40,500
Indirect labor	66,000
Materials inventory (January 1)	33,000
Materials inventory (December 31)	45,000
Net delivered cost of materials purchased	315,000
Other factory overhead	82,500
Sales	1,407,000
Sales salaries expense	106,500
Work in process inventory (January 1)	49,500
Work in process inventory (December 31)	43,500

Using the above data, prepare a schedule of cost of goods manufactured and sold. Do not use negative signs with any of your answers.

Bishop Manufacturing Company Schedule of Cost of Goods Manufactured and sold For the Year Ended December 31,2016 Direct material: Beginning materials inventory $ $ Cost of material available Less: Total materials used Less: Direct material used Direct labor Manufacturing overhead Indirect material Indirect labor Factory supplies used Factory depreciation Factory rent 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 $