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Axteks Corporation has the following cost records for the year ended December 31, 2020:

Indirect factory labour		$5,420
Direct materials used		252,400
Work in process (1/1/2020)		31,800
Work in process (12/31/2020)		27,200
Finished goods (1/1/2020)		35,900
Finished goods (12/31/2020)		28,500
Factory utilities		41,100
Depreciation, factory equipment		34,300
Direct labour		300,900
Indirect materials		22,600
Factory managers salary		63,300
Selling and administrative expenses		341,200
Net sales		1,234,000
Factory machinery rent		42,700

Prepare a cost of goods manufactured schedule for 2020.

Axteks Corporation Cost of Goods Manufactured Year Ended December 31, 2020
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials						$
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials				$
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials:
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials		$
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
AddLess: Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials
Cost of Goods ManufacturedDirect LabourDirect Materials UsedDepreciation, Factory EquipmentFactory Machinery RentFactory UtilitiesIndirect Factory LabourManufacturing OverheadFactory Managers SalaryTotal Cost of Work in ProcessTotal Manufacturing CostTotal Manufacturing OverheadWork in Process, January 1Work in Process, December 31Raw Materials, January 1Raw Materials, December 31Indirect Materials						$

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