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Using the information on the Data tab of the spreadsheet , complete the cost of goods manufactured for January.

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Below is manufacturing data from Webster Company for January, 2020.
Beginning raw materials inventory	$ 321,300
Raw materials purchased	$ 845,150
Ending raw materials inventory	$ 275,475
Direct labor costs	$ 104,590
Indirect materials	$ 47,560
Indirect labor	$ 29,876
Factory utilities and maintenance	$ 148,890
Factory depreciation	$ 19,876
Other factory related overhead	$ 7,890
Beginning work in process	$ 225,678
Ending work in process	$ 214,545
1. Use this information to produce a Schedule of Cost of Goods Manufactured in the next tab

Direct Materials
Raw materials transferred to production
Direct Labor
Factory Overhead
Total manufacturing costs
Less: Ending work in process, Jan 31
Cost of goods manufactured

2. Cost of Goods Sold for January was $1,460,000. What was the change in Finished Goods Inventory during the month (indicate positive or negative change)?

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