Lawrence Corp. a sporting goods manufacturer, provided the following information for the year ended December 31, 2020: Inventories Raw Materials Beginning Ending 54,900 25,600 98,200 60,900 Work-in-Process Finished Goods 46,400 49,600 Additional Information Sales Salaries 45,000 Direct Labor 124,400 31,800 Indirect Labor Depreciation, Building and Equipment 12,800 Admininstrative Expenses 58,700 Insurance on Building 20,500 Raw Materials Purchases 162,400 Repairs & Maintenance - Building 4,900 Lawrence 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 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-1-P Cost of Goods Manufactured