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

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1. (TCO A) The following data (in thousands of dollars) have been taken from the accounting records of Larop Corporation for the just-completed year:

 

 

Sales.................................................................................$910

Purchases of raw materials................................................$225

Direct labor.......................................................................$245

Manufacturing overhead....................................................$265

Administrative expenses....................................................$150

Selling expenses................................................................$140

Raw materials inventory, beginning.....................................$15

Raw materials inventory, ending.........................................$45

Work-in-process inventory, beginning.................................$20

Work-in-process inventory, ending.....................................$55

Finished goods inventory, beginning...................................$100

Finished goods inventory, ending.......................................$135

 

 

Required: Prepare a Schedule of Cost of Goods Manufactured in the text box below

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