Test Bank for Managerial Accounting, Fourth Edition 1-42 Ex. 185 Fill in the missing information on the cost of goods manufactured schedule of Maddox Manufacturing Company: MADDOX MANUFACTURING COMPANY Cost of Goods Manufactured Schedule For the Year Ended December 31, 2008 $320,000 Work in process (1/1) Direct materials Raw materials inventory (1/1) Raw materials purchases Raw materials available for use Raw materials inventory (12/31) Direct materials used Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured $y6o0p 271,000 217,oou ? 37,000 $280,000 24,000 38.000 39,000 es2.co0 ? 292.000 $520,000