the following data in thousands of dollars have been taken from the accounting recor 497227
The following data (in thousands of dollars) have been taken from the accounting records of Larklin Corporation for the just-completed year.
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.
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