Question #2: 25 Points Custom Hot Rods, Inc. provided you the January 31, 2021 account balances listed below: Account Balances Finished Goods Inventory, January 31 $41,365 Factory Supervisory Salaries 14,855 Income Tax Expense 6,440 Raw Materials Inventory, January 1 14,275 Work In Process Inventory, January 31 16,405 Sales Salaries Expense 24,224 Factory Depreciation Expense 4,800 Finished Goods Inventory, January 1 65,615 Raw Materials Purchases 163,520 Work In Process Inventory, January 1 21,680 Factory Utilities Expense 16,763 Direct Labor 109,615 Raw Materials Inventory, January 31 32,510 Sales Returns and Allowances Indirect Labor 28,850 38,940 Instructions Using a proper heading and format, prepare a Schedule of Cost of Goods Manufactured for Custom Hot Rods, Inc. for the month ended January 31, 2021.