Varda, Inc $\quad$ $\quad$ $\quad$ $\quad$ $\quad$

Varda, Inc. used $213,000 of direct materials and incurred $111,000 of direct labor costs during the year. Indirect labor amounted to $8,100, while indirect materials used totaled $4,800. Other operating costs pertaining to the factory included utilities of $9,300; maintenance of $13,500; repairs of $5,400; depreciation of $23,700; and property taxes of $7,800. There was no beginning or ending finished goods inventory. The Work-in-Process Inventory account reflected a balance of $16,500 at the beginning of the period and $22,500 at the end of the period.
Required: Prepare a schedule of cost of goods manufactured for Varda, Inc. using the format below.
$\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\quad$ $\text { Schedule of Cost of Goods Manufactured }$
$\begin{array} { |l | l | l | l |} \hline \text { Beginning Work-in-Process Inventory } &\quad\quad &\quad\quad &\quad\quad \\\hline \text { Direct Materials Used } & & & \\\hline \text { Direct Labor } & & & \\\hline \text { Manufacturing Overhead: } & & & \\\hline \text { Indirect Labor Used } & & & \\\hline \text { Indirect Materials } & & & \\\hline \text { Utilities } & & & \\\hline \text { Maintenance } & & & \\\hline \text { Repairs } & & & \\\hline \text { Depreciation } & & & \\\hline \text { Property Taxes } & & & \\\hline \text { Total Manufacturing Overhead } & & \\\hline \text { Total Manufacturing Costs Incurred } \\\text { during the Year }\\\hline \text {Total Manufacturing Costs to Account For}\\\hline \text {Ending Work-in-Process Inventory}\\\hline \text { Cost of Goods Manufactured}\\\hline\end{array}$