Schedule of Cost of Goods Manufactured and Sold "Manufacturing Company: Bourne Manufacturing Company Schedule of Cost of Goods Manufactured and Sold For the Year Ended December 31 Direct material: \begin{tabular}{|c|c|c|c|c|c|} \hline \multicolumn{3}{|c|}{ Beginning materials inventory } & $ & 15,000 & \\ \hline \multicolumn{2}{|c|}{ Cost of materials purchased } & & & 138,000 & \\ \hline \multicolumn{2}{|c|}{ Cost of material available } & & & 153,000 & \\ \hline Less: & Ending materials inventory & & & 20,000 & \\ \hline \multicolumn{2}{|c|}{ Total materials used } & & & 133,000 & \\ \hline Less: & Indirect materials used & & & 14,000 & \\ \hline \multicolumn{2}{|c|}{ Direct material used } & & & & $119,000 \\ \hline \multicolumn{2}{|c|}{ Direct labor } & & & & 175,000 \\ \hline \multicolumn{6}{|c|}{ Manufacturing overhead } \\ \hline \multicolumn{2}{|c|}{ Indirect material } & & & 14,000 & \\ \hline \multicolumn{2}{|c|}{ Indirect labor } & & & 19,000 & \\ \hline \multicolumn{2}{|c|}{ Factory supplies used } & & & 12,000 & \\ \hline \multicolumn{2}{|c|}{ Factory depreciation } & & & 30,000 & \\ \hline \multicolumn{2}{|c|}{ Factory rent } & & & 18,000 & \\ \hline \multicolumn{2}{|c|}{ Other factory overhead } & & & 26,000 & \\ \hline \multicolumn{2}{|c|}{ Total manufacturing overhead } & & & & 119,000 \\ \hline \multicolumn{3}{|c|}{ Total manufacturing costs for the year } & & & 50,000 \\ \hline Add: & Beginning work in process inventory & & & & 18,000 \\ \hline \multicolumn{3}{|c|}{ Total cost of work in process during the year } & & & 417,000 \\ \hline Less: & Ending work in process inventory & & & & (31,000) \\ \hline \multicolumn{3}{|c|}{ Cost of goods manufactured } & & & (386,000) \\ \hline Add: & Beginning finished goods inventory & & & & 57,000 \\ \hline \multicolumn{3}{|c|}{ Cost of goods available for sale } & & & 443,000 \\ \hline Less: & Ending finished goods inventory & & & & (52,000) \\ \hline \multicolumn{2}{|c|}{ Cost of goods sold } & & & & 391,000 \\ \hline \end{tabular}