An incomplete cost of goods manufactured schedule is presented below. Complete the cost of goods manufactured schedule for Swifty Company. SWIFTY COMPANY
Cost of Goods Manufactured Schedule
For the Year Ended December 31, 2020

Work in process (1/1) $217,560
Direct materials
Raw materials inventory (1/1) $
Add: Raw materials purchases 165,750
Total raw materials available for use
Less: Raw materials inventory (12/31) 31,930
Direct materials used $189,460
Direct labor
Manufacturing overhead
Indirect labor 18,160
Factory depreciation 45,740
Factory utilities 71,280
Total overhead 135,180
Total manufacturing costs
Total cost of work in process
Less: Work in process (12/31) 87,790
Cost of goods manufactured $549,230