Work in process inventory (1/1) Direct materials Raw materials inventory (1/1) PHAROAH MANUFACTURING COMPANY Cost of Goods Manufactured Schedule Raw materials purchases 275,520 Raw materials available for use Raw materials inventory (12/31) 41,440 Direct materials used $285,600 Direct labor Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead 21,280 42.560 43,680 $380,800