Lawrence Corp. a sporting goods manufacturer, provided the following information for the year ended December 31, 2020: Inventories Beginning Ending Raw Materials 55,000 25,800 Work-in-Process 97,300 60,700 Finished Goods 47,900 49,900 Additional Information Sales Salaries 44,700 Direct Labor 130,000 Indirect Labor 31,800 Depreciation, Building and Equipment 11,800 Admininstrative Expenses 58,300 Insurance on Building 19,200 Raw Materials Purchases 154,300 Repairs & Maintenance - Building 5,100 Corp. Schedule of Cost of Goods Sold For the Year Ending December 31, 2020 Beginning W-I-P Inventory Direct Materials Used: Beginnning Raw Materials Purchases of Raw Materials Raw Materials Available Ending Raw Materials Raw Materials Used Direct Labor Used Manufacturing Overhead: Depreciation, Bluilding & Equipment Insurance on Building Repair & Maintenance-Building Indirect Labor Total Manufacturing Overhead Total Manufacturing Costs Incurred Total Manufacturing Cost to Account for Less: Ending W-I-P Cost of Goods Manufactured