Prepare cost of goods manufactured Statement Manufacturing overhead costs incurred: Indirect materials $ 16,200 Indirect labor 142,000 Property taxes, factory 9,200 Utilities, factory 82,000 Depreciation, factory 169,900 Insurance, factory 11,200 Total actual manufacturing overhead costs incurred $ 430,500 Other costs incurred: Purchases of raw materials (both direct and indirect) $ 412,000 Direct labor cost $ 72,000 Inventories: Raw materials, beginning $ 21,200 Raw materials, ending $ 31,200 Work in process, beginning $ 41,200 Work in process, ending $ 71,200