Clyde's Pet succeeded so well that Clyde decided to manufacture his own brand of chewing bone - Denim Bones. At the end of December 2011, his accounting records showed the following: Inventories: Beginning Ending Materials 13,900 10,500 Work in Process 3,500 Finished goods 5,200 Other Information: Direct material purchases 39,000 Utilities for plant 1,500 Plant janitorial services 200 Rent on plant 14,000 Sales salaries expense 5,800 Customer service hotline expense 1,000 Delivery expense 1,300 Direct labor 24,000 Sales revenue 108,000 Problem 1-25A Requirements 1. Prepare a schedule of cost of goods manufactured for Denim Bones, for the year ended December 31, 2011