Lawrence's Die-Cuts is preparing its cost of goods manufactured schedule at year-end. Lawrence's accounting records show the following: The raw materials inventory account had a beginning balance of $17,000 and an ending balance of $24,000. During the year, Lawrence purchased $59,000 of direct materials. Direct labour for the year totalled $135,000, while manufacturing overhead amounted to $146,000. The work in process inventory account had a beginning balance of $23,000 and an ending balance of $21,000. Compute the cost of goods manufactured for the year. (Hint: The first step is to calculate the direct materials used during the year.) Lawrence's Die Cuts Cost of Goods Manufactured Add: Direct materials used ? Choose from any list or enter any number in the input fields and then continue to the next question. Add: Direct materials used Direct materials used Total manufacturing costs incurred during the period Less: Cost of goods manufactured Choose from any list or enter any number in the input fields and then continue to the next