Stanford Enterprises uses job-order costing. Overhead is applied on the basis of direct labor hours. The following information relates to the year just ended. 6 Data: 7 8 9 Actual total direct labor hours 10 11 Actual costs for the year: 12 13 14 15 16 Inventories: 17 18 19 20 Estimated total overhead costs Estimated total direct labor hours B Purchase of raw (direct) materials Direct labor cost Manufacturing overhead Raw (Direct) Materials Work in Process Finished Goods $275,000 25,000 27,760 $375,000 $536,300 $302,750 Beginning $15,000 27,875 34,600 C Ending $11,375 22,350 26,450

(Use cells 86 to C18 from the given information to complete this question. If overhead is overapplied, your answer should be displayed as a negative value. All answers should be input and displayed as positive values.) A B C D E G H 32 2. Prepare a schedule of cost of goods manufactured: (Use cells B6 to C18 from the given information to complete this question. All answers should be input and displayed as positive values.) Stanford Enterprises Schedule of Cost of Goods Manufactured Direct materials: Raw materials inventory, beginning Add: Purchases of raw materials Total raw materials available Deduct: Raw materials inventory, ending $15,000 Raw materials used in production Direct labor $378,625 45 Direct labor 46 Applied manufacturing overhead 47 Total manufacturing cost5 48 Add: Beginning work in process inventory 375,000 $390,000 11,375 49 Total cost of work in process 50 Deduct: Ending work in process inventory 536,300 51 Cost of goods manufactured (Use cells B6 to C18 from the given information to complete this question. If overhead is overapplied, your answer should be displayed as a negative value. All answers should be input and displayed as positive values.)