Work in process (1/1) Direct materials Raw materials inventory (1/1) Add: Raw materials purchases 145,600 Total raw materials available for 186600 use Less: Raw materials inventory (12/31) Direct materials used Direct labor 21,000 $165,600 $193,200 Manufacturing overhead Indirect labor Factory depreciation Factory utilities Total overhead Total manufacturing costs Total cost of work in process Less: Work in process (12/31) Cost of goods manufactured 16,800 33,000 62,800 112,600 74,400 $496,800