3) What are 4 differences between Financial and Managerial Accounting? 4 Prepare the Cost of goods manufactured and Cost of goods sold statement based on the following information. Beginning WIP DM 80,000 7,000 Ending WIP 20,000 DL 12,000 Overhead (MO) 3,000 Beginning Finished Goods 200,000 Ending Finished Goods 40,000