Please complete C1

Challenge Exercise 19-02 a-b, c1 (Part Level Submission) analysis of the accounts of Bonita Company reveals the following manufacturing cost data for the month ended September 30, 2020. An Inventories Raw materials $12,100 $11,700 Work in process Finished goods Beginning Ending 7,000 5,300 10,100 12,300 Costs incurred: raw materials purchases $58,900, direct labor $49,900, manufacturing overhead $23,300. The specific overhead costs were: indirect labor $5,800, factory insurance $4,600, machinery depreciation $6,100, machinery repairs $2,900, factory utilities $3,900, miscellaneous factory costs $1,720. Assume that all raw materials used were direct materials. Expand question part (c1) Bonita Company is considering the purchase of a new automated assembly line for its factory. The purchase would result in several changes in Bonita cost structure. Both direct labor and indirect labor would decrease by 40% Factory insurance would increase to $8,300 machinery depreciation would double, machinery repairs would decrease to $400, utilities would decrease to $2,400 and miscellaneous factory costs would increase to $1,820. Materials usage would remain at current levels. Analyze the new purchase by preparing a cost of goods manufactured schedule for September 30, 2020 using the new data