CLICK HERE TO REVIEW LEARNING OBJECTIVES QUESTION 1 Not complete Points out of 450 Flag question Schedule of Cost of Goods Manufactured and Sold At December 31,2016, the end of its fiscal year, Kelly Metal Products Corporation collected the following data for 2016 $16,000 11,000 17,000 Materials inventory. January 1 Materials inventory. December 31 Work in process inventory. January Work in process inventory. December 31 22.500 Finished goods inventory. january 1 Finished goods inventory. December 31 Net delivered cost of materials purchased 105,000 Direct labor Indirect material Indirect labor Factory supplies used Factory depreciation Factory repairs and maintenance Selling expenses (total) Non-factory administrative expenses (total) 28,500 10.500 9.000 67.500 6.500 12.500 6,000 39,000 14,000 31.500 roducts Corporation for the year ended December 31,2016 there were no other manufacturing overhead items than those listed above