Electric Tools Incorporated produces and sells all electric power tools. The accounting manager received the following...

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Electric Tools Incorporated produces and sells all electric power tools. The accounting manager received the following incomplete schedule of cost of goods manufactured and sold for the year. Required: Supply the missing information for Electric Tools Incorporated. ELECTRIC TOOLS INCORPORATED Schedule of Cost of Goods Manufactured For the Year Ended December 31, Year 2 Cost of direct raw materials used Direct labor Manufacturing overhead Total manufacturing cost Plus: Beginning work in process inventory Total work in process inventory Ending work in process inventory Cost of goods manufactured $ 257,000 11600 486,000 55,600 43,400 Electric Tools Incorporated produces and sells all electric power tools. The accounting manager received the following incomplete schedule of cost of goods manufactured and sold for the year. Required: Supply the missing information for Electric Tools Incorporated. ELECTRIC TOOLS INCORPORATED Schedule of Cost of Goods Manufactured For the Year Ended December 31, Year 2 Cost of direct raw materials used Direct labor Manufacturing overhead Total manufacturing cost Plus: Beginning work in process inventory Total work in process inventory Ending work in process inventory Cost of goods manufactured $ 257,000 11600 486,000 55,600 43,400