Larder Company financial records Sales Purchase raw materials Direct labor $950 Manufacturing OH $170 Administrative expenses $210 Selling expenses $200 $180 $140 Beginning raw materials Ending raw materials $70 Beginning work in process $80 Ending work in process $30 $20 Beginning finished goods Ending finished goods $100 $70 b) Prepare cost of goods sold a) Prepare cost of goods manufactured c) Prepare an income statement