managerial accounting larklin corporation 498856

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).

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| 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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