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 $ 21,000 42,000 15,000 109,000 9,000 43,000 11,000 2,000 126,000 8,000 6,000 71,000 16,000 18,000 20,000 505,000 70,000 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