Schedule of Cost of Goods Manufactured

Sydney Company reported the following amounts for October:

Beginning raw materials inventory $$240,000$

Beginning work$-$in$-$process inventory $420,000$

Beginning finished goods inventory $1,500,000$

Raw materials purchases $1,710,000$

Wages paid $930,000$

Applied manufacturing overhead $2,700,000$

Ending raw materials inventory $300,000$

Ending work$-$in$-$process inventory $600,000$

Ending finished good inventory $1,350,000$

Prepare a schedule of cost of goods manufactured for October.

Note: Use negative signs with answers, when appropriate.

Sydney Company

Schedule of Cost of Goods Manufactured

For the Month of October

Direct material

Direct labor

Factory overhead