Instruction Allen Company used $71,000 of direct materials and incurred $37,000 of direct labor costs during the current year. Indirect labor amounted to $2,700, while indirect materials used totaled $1,600. Other operating costs pertaining to the factory included utilities of $3,100, maintenance of $4,500, supplies of $1,800, depreciation of $7,900, and property taxes of $2,600. There was no beginning or ending finished goods inventory, but work in process inventory began the year with a $5,500 balance and ended the year with a $7,500 balance. Required: Prepare a schedule of cost of goods manufactured. Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. "Less" or "Plus" will automatically appear if it is required. You will not need to enter colons () on Statement of Cost of Goods Manufactured Labels and Amount Descriptions Labels Factory overhead For the Year Ended December 31 Amount Descriptions Beginning work in process inventory Cost of goods manufactured Depreciation Direct labor Direct materials Ending work in process inventory Indirect labor Indirect materials Maintenance Property taxes Supplies Total factory overhead Total manufacturing costs Total manufacturing costs incurred Utilities Prepare a schedule of cost of goods manufactured. Refer to the Labels and Amount Descriptions provided for the exact wording of the answer choices for text entries. Be sure to complete the statement heading. "Less" or "Plus" will automatically appear if it is required. You will not need to enter colons () on the statement of cost of goods manufactured. Allen Company Statement of Cost of Goods Manufactured (Label) 1 2 3 4 (Label) 5 6 7 8 9 10 11 12 13 14 15 16