Information for Stanton, Inc

Information for Stanton, Inc., as of December 31 follows. Prepare a schedule of cost of goods manufactured for the year ended December 31.
$\begin{array} { l | l } \text { Administrative salaries } & \$ 35,000 \\\hline \text { Depreciation of factory equipment } & 25,000 \\\hline \text { Depreciation of delivery vehicles } & 6,000 \\\hline \text { Direct labor } & 68,000 \\\hline \text { Factory supplies used } & 9,000 \\\hline \text { Finished goods inventory, January 1 } & 57,000 \\\hline \text { Finished goods inventory, December 31 } & ? \\\hline \text { Factory insurance } & 15,500 \\\hline \text { Interest expense } & 12,000 \\\hline \text { Factory utilities } & 14,000 \\\hline \text { Factory maintenance } & 7,500 \\\hline \text { Raw materials inventory, January 1 } & 5,000 \\\hline \text { Raw materials inventory, December 31 } & 4,000 \\\hline\end{array}$
$$\begin{array} { l | l } \hline \text { Raw material purchases } & 125,000 \\\hline \text { Rent on factory building } & 25,000 \\\hline \text { Repairs of factory equipment } & 11,500 \\\hline \text { Sales comrnissions } & 37,500 \\\hline \text { Work in Process inventory. January 1 } & 3,500 \\\hline \text { Work in Process inventory. December 31 } & 2,700\end{array}$$