E business Course Return to course Question 4 Not complete Marked out of 32.00 P Flag question Schedule of Cost of Goods Manufactured and Sold The following amounts are available for 2016 for Bourne Manufacturing Compar Administrative salaries (non-factory) $175,000 Administrative rent (non-factory) 87,500 Advertising and promotion expense 102,500 Depreciation-administrative 55,000 Depreciation-factory 75,000 Depreciation-selling 42,500 Direct labor 437,500 Factory rent 45,000 Factory supplies used 30,000 Finished goods inventory (January 1) 142,500 Finished goods inventory (December 31) 130,000 Indirect material used 35,000 Indirect labor 47,500 Materials inventory (January 1) 32,500 Materials inventory (December 31) 50,000 Net delivered cost of materials purchased 345,000 Other factory overhead 65.000 Sales 2,112,500 Sales salaries expense 180,000 Work in process inventory (January 1) 45,000 Work in process inventory (December 31) 77,500 Using the above data, prepare a schedule of cost of goods manufactured and sold Do not use negative signs with any of your answers. Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold SSCourse Return to course o not use negative signs with any of your answers. Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31,2016 Direct material: Beginning materials inventory $ 0 0 0 . 0 0 $ 0 Cost of material available Less: Total materials used Less: Direct material used Direct labor Manufacturing overhead Indirect material Indirect labor Factory supplies used Factory depreciation Factory rent 0 0 0 0 0 0 0 0 0 e 0 0 Total manufacturing overhead Total manufacturing costs for the year Add: Total cost of work in process during the year Less: Cost of goods manufactured Add: Cost of goods available for sale Less: Cost of goods sold > 0 0 0 0 . 0 $ 0