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Prepare a schedule of cost of goods manufactured statement

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Reference no: EM131731540

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

Sales

$920

Purchases of raw materials

$215

Direct labor

$170

Manufacturing overhead

$275

Administrative expenses

$180

Selling expenses

$140

Raw materials inventory, beginning

$100

Raw materials inventory, ending

$65

Work-in-process inventory, beginning

$75

Work-in-process inventory, ending

$35

Finished goods inventory, beginning

$130

Finished goods inventory, ending

$165

Prepare a Schedule of Cost of Goods Manufactured statement in the text box below.

Reference no: EM131731540

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