The company also provided detalls regarding the balances in the inventory accounts at the beginning and end of the month as follows. Raw materials used in production cost $200,880, total overhead costs for the month were $226,160, the goods available for sale totalled $432,000, and the cost of goods sold totalled $371,500. Required: 1-a. Prepare a schedule of cost of goods manufactured of the company's income statement for the month of February