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

9)The following data (in thousands of dollars) have been taken from the accounting records of Larner Corporation for the year just completed:
Sales $970
Purchases of raw materials* $110
Direct labour $150
Manufacturing overhead $300
Administrative expenses $160
Selling expenses $140
Raw materials inventory, beginning* $40
Raw materials inventory, ending* $50
Work in process inventory, beginning $40
Work in process inventory, ending $10
Finished goods inventory, beginning $160
Finished goods inventory, ending $150
Required:
(a.) Prepare a schedule of cost of goods manufactured in good form. (3 pts)
(b.) Compute the cost of goods sold. (2 pts)

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