The following data from the just-completed year are taken from the accounting records of Eccles Company: Sales Direct labour cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $685,000 96,000 138,000 106,000 49,000 216,000 232, 000 Beginning of Inventory Year End of Year Raw materials $8,600 $10,600 Work in process 5,600 20,600 Finished goods 70,600 25,600 Required: Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials ECCLES COMPANY Direct materials: Raw matedule of Cost of Goods Manufactured