TEAL MOUNTAIN COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2022 Work in process, January 1 Direct materials Raw materials inventory, January 1 Raw materials purchases Total raw materials available for use Less: Raw materials inventory, December 31 28,000 Direct materials used $216,000 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total manufacturing overhead Total manufacturing costs Total cost of work in process Less: Work in process, December 31 Cost of goods manufactured TEAL MOUNTAIN COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2022 process, January 1 $252,000 naterials laterials inventory, January 1 Iaterials purchases 190,400 aw materials available for use Raw materials inventory, December 31 28,000 naterials used $216,000 abor cturing overhead te labor 22,400 y depreciation 42,800 y utilities nanufacturing overhead 147,600 anufacturing costs st of work in process ork in process, December 31 goods manufactured