PROBLEM 2 (20 Points) The following cost and inventory data are taken from the accounting records of Pembroke Corporation for the year just completed Sales Costs Incurred S1,200,000 Direct Labor Purchases of raw materials Indirect labor Maintenance, factory equipment Advertising expense Insurance, Factory equipment Sales Salaries Rent, factory facilities 85,000 360,000 124,000 26,000 315,000 12,500 273,000 125,000 14,900 17,600 32,200 60,600 Supplies, factory Supplies, office Depreciation, office equipment Depreciation, factory equipment Beginning Ending Inventories Raw Material Work in Process Finished Goods S 21,000 62,000 70,000 $79,000 35,000 85,000 EQUIRED: Prepare in good form a Schedule of Cost of Goods Manufactured and Sold. a