PROBLEM 2-18 Schedule of Cost of Goods Manufactured; s LO3. L04, L05, L06 Various cost and sales data for Meriwell Company for the justc sheet below Income quire Microsoft Excel 1 Finished goods inventory, beginning 2Finished goods inventory, ending 3 Administrative expenses 4 Manufacturing overhead $20,000 $40,000 $110,000 $105.000 $125,000 $9.000 $6,000 $70,000 Purchases ofraw materials Raw materals inventory, beginning Direct labor 7Raw matenials inventory, ending 9 Work in process inventory, beginning $17,000 work in process !nventory, ending 11 Sales S30 12 Selling expenses 13 $500,000 S80,000 Of the $105,000 of manufacturing overhead, $15,000 is variable and $90,000 is fite