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Various cost and sales data for Meriwell Company for the just-completed year follow Finished goods inventory, beginning Finished goods inventory, ending Depreciation, factory Administrative expenses

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Various cost and sales data for Meriwell Company for the just-completed year follow Finished goods inventory, beginning Finished goods inventory, ending Depreciation, factory Administrative expenses Utilities, factory Maintenance, factory Supplies, factory Insurance, factory Purchases of raw materials Raw materials inventory, beginning Raw materials inventory, ending Direct labour Indirect labour Work-in-process inventory, beginning Work-in-process inventory, ending Sales Selling expenses $ 34,000 68,000 28,000 121,000 10,000 82,000 13,000 5,400 139,000 12,000 8,000 84,000 14,000 21,000 33,000 570,000 83,000 Required 1. Prepare a schedule of cost of goods manufactured. MERIWELL COMPANY Schedule of Cost of Goods Manufactured For the Year Just Completed Direct materials: Raw materials available for use Raw materials used in production Manufacturing overhead Total overhead costs Total manufacturing costs Cost of goods manufactured

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