The following information is available for Larkspur Company.

		January 1, 2022		2022		December 31, 2022
Raw materials inventory		$26,000				$37,800
Work in process inventory		17,700				21,850
Finished goods inventory		34,250				26,460
Materials purchased				$189,000
Direct labor				277,200
Manufacturing overhead				226,800
Sales revenue				1,146,600

(a)

Compute cost of goods manufactured. (Assume that all raw materials used were direct materials.)

LARKSPUR COMPANY Cost of Goods Manufactured Schedule
select an opening name for this schedule Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory, 1/1Finished Goods Inventory, 12/31						$enter a dollar amount
select an opening section name Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory, 1/1Finished Goods Inventory, 12/31
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Jan. 1Finished Goods Inventory , Dec. 31		$enter a dollar amount
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Jan. 1Finished Goods Inventory , Dec. 31		enter a dollar amount
select a closing subsection name Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Dec. 31Finished Goods Inventory , Jan. 1		enter a total amount for this subsection
select between addition and deduction AddLess: select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Jan. 1Finished Goods Inventory , Dec. 31		enter a dollar amount
select a closing section name Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Dec. 31Finished Goods Inventory , Jan. 1				$enter a total amount for this section
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Jan. 1Finished Goods Inventory , Dec. 31				enter a dollar amount
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Dec. 31Finished Goods Inventory , Jan. 1				enter a dollar amount
select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Jan. 1Finished Goods Inventory , Dec. 31						enter a total of the three previous amounts
select a summarizing line for the first part Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Dec. 31Finished Goods Inventory , Jan. 1						enter a total amount for the first part
select between addition and deduction AddLess: select an item Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Jan. 1Finished Goods Inventory , Dec. 31						enter a dollar amount
select a closing name for the schedule Cost of Goods ManufacturedDirect LaborDirect MaterialsDirect Materials UsedManufacturing OverheadRaw Materials Available for UseRaw Materials Inventory, Jan. 1Raw Materials Inventory, Dec. 31Raw Materials PurchasedTotal Cost of Work in ProcessTotal Manufacturing CostsWork in Process, Jan. 1Work in Process, Dec. 31Finished Goods Inventory , Dec. 31Finished Goods Inventory , Jan. 1						$select a closing name for this schedule

Cost of Goods Manufactured Cost of Goods Manufactured $ $ ta Cost of Goods Manufactured Direct Labor Direct Materials Direct Materials Used Manufacturing Overhead Raw Materials Available for Use Raw Materials Inventory, Jan. 1 Raw Materials Inventory, Dec. 31 Raw Materials Purchased Total Cost of Work in Process Total Manufacturing Costs Work in Process, Jan. 1 Work in Process, Dec. 31 Finished Goods Inventory, 1/1 Finished Goods Inventory, 12/31