Fazloen Limited provided the following information for the year ended December 31: Costs incurred Marketing expense $ Depreciation, manufacturing equipme Depreciation, office equipment Direct labour cost Indirect labour $ Raw material purchases Rent, manufacturing building Repairs, manufacturing equipment Sales commissions $ Supplies, manufacturing Utilities, manufacturing 600,000 144,000 48,000 540,000 337,800 792,000 480,000 240,000 210,000 4,200 54,000 Inventories Raw materials Work in process Finished goods Beginning of Yeal End of Year $ 48,000 $ 60,000 $ 30,000 $ 120,000 $ 420,000 $ 150,000 Required: Required: 1. Prepare a schedule of cost of goods manufactured. FAZLOEN LIMITED Schedule of Cost of Goods Manufactured For the year ended December 31 Question 3 Formula Sheet