0 26 points eBook Print References Cost and sales information for the most recent fiscal year are shown below. WALLACE RIVER COMPANY Cost and Sales Information For the Year Ended December 31 Purchases of raw materials Raw materials inventory, beginning Raw materials, ending Depreciation, factory Insurance, factory Direct labour Maintenance, factory Administrative expense Sales Utilities, factory $ 90,000 10,000 17,000 42,000 5,000 60,000 30,000 70,000 450,000 27,000 1,000 Supplies, factory Selling expense 80,000 Advertising expense 20,000 Indirect labour, factory 65,000 Work in process inventory, beginning 7,000 Work in process inventory, ending Finished goods inventory, beginning. Finished goods inventory, ending 30,000 10,000 40,000 Required: 1. Prepare a schedule of cost of goods manufactured. WALLACE RIVER COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31 Check my work