The following data (in thousands of dollars) have been taken from the accounting records of Larklin Corporation for the just completed year.
1.(TCO A).
| Sales | $820 |
| Purchases of raw materials | $195 |
| Direct labor | $170 |
| Manufacturing overhead | $250 |
| Administrative expenses | $180 |
| Selling expenses | $140 |
| Raw materials inventory, beginning | $80 |
| Raw materials inventory, ending | $35 |
| Work in process inventory, beginning | $65 |
| Work in process inventory, ending | $30 |
| Finished goods inventory, beginning | $130 |
| Finished goods inventory, ending | $165 |
Required: Prepare a Schedule of Cost of Goods Manufactured statement in the text box below.(Points : 15)
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