Answer is not complete. CLASSIC SOUND Schedule of Cost of Goods Manufactured For the Quarter Ended xxx Direct materials Beginning raw materials inventory 0 Add: Purchases of raw materials 57,000 Raw materials available for use 57000 Deduct: Ending raw materials inventory 28,500 Raw materials used in production Direct labour 46,300 Manufacturing overhead 34,900 Total manufacturing costs Add: Beginning work in process inventory $ 28,500 9,260 3 X X 37.760 0 Deduct: Ending work in process inventory Cost of goods manufactured 37.760 6,400 31,360 $ Che Classic Sound is a start-up company that produces vinyl records for numerous record labels worldwide. The company has two full-time employees working in the production department while the CEO splits her time 80/20% between developing new business and overseeing the production process. Information taken from the accounting records for the first three months of operations is shown below. Beginning raw materials inventory Purchases of raw materials Ending raw materials inventory Direct labour Manufacturing overhead Beginning work in process inventory Ending work in process Inventory Purchase of production equipment Rent for production facility 57,000 28,500 46,300 34,900 6,480 170.000 11,100 Required: 1. Prepare a schedule of cost of goods manufactured for the company for the month. (Do not leave any empty spaces; input a 0 wherever it is required.)