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Use the Information Below for the Year Ended December 31,20xx,to

Question 15

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Use the information below for the year ended December 31,20xx,to prepare the statement of cost of goods manufactured.
 Inventories  Beginning  Ending  Materials inventory $32,300$33,900 Work in process inventory 40,50041,900 Direct materials purchased 158,300 Total direct labor costs 231,300 Total indirect labor costs 45,200 Utilities 27,100 Depreciation 36,200 Small tools 3,100 Factory insurance 1,800 Factory supervision 39,500 Miscellaneous overhead costs 6,200\begin{array}{lr}\text { Inventories } & \text { Beginning } & \text { Ending }\\\text { Materials inventory } & \$ 32,300 & \$ 33,900 \\\text { Work in process inventory } & 40,500 & 41,900 \\\text { Direct materials purchased } & & 158,300 \\\text { Total direct labor costs } & & 231,300 \\\text { Total indirect labor costs } & & 45,200 \\\text { Utilities } && 27,100\\\text { Depreciation } & &36,200 \\\text { Small tools } && 3,100 \\\text { Factory insurance } && 1,800 \\\text { Factory supervision } && 39,500 \\\text { Miscellaneous overhead costs } && 6,200\end{array}

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