TWISTO PRETZEL COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20X1 Direct material: Raw-material inventory, 12/31/x0 Add: Purchases of raw material Raw material available for use Less: Raw-material inventory, 12/31/x1 Raw material used S 10,100 39,200 $ 49,300 11,000 38,300 Direct labor 79,000 Manufacturing overhead Depreciation on factory building Indirect labor Indirect material Insurance Property taxes Rental of warehouse space Utilities Depreciation on factory equipment 3,400 29,000 4,600 3,600 2,400 3,000 6,000 2,100 Total actual manufacturing overhead Add: Overapplied overhead $54,100 Overhead applied to work in proces Total manufacturing costs 54,100 S 171,400 TWISTO PRETZEL COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20X1 Direct material: Raw-material inventory, 12/31/x0 Add: Purchases of raw material Raw material available for use Less: Raw-material inventory, 12/31/x1 Raw material used S 10,100 39,200 $ 49,300 11,000 38,300 Direct labor 79,000 Manufacturing overhead Depreciation on factory building Indirect labor Indirect material Insurance Property taxes Rental of warehouse space Utilities Depreciation on factory equipment 3,400 29,000 4,600 3,600 2,400 3,000 6,000 2,100 Total actual manufacturing overhead Add: Overapplied overhead $54,100 Overhead applied to work in proces Total manufacturing costs 54,100 S 171,400