Problem 2-43 Schedules of Cost of Gooc Manufactured and Sold The following data refer to San Fernando Fashions Company for the year 20x2: $950,000 Income Statement Sales revenue Work-in-process inventory, December 3 .. Work-in-process inventory, January elling and administrative expenses... ncome tax expense Purcnases of raw material. Raw material inventory, December 31 law- material inventory, January 1. Direct labor. 30000 (Lo 2-1, 2-3,2-5, 2-6) 40,000 150,000 2. Cost of goods sold: 90,000 $580,000 180,000 25,000 40,000 200.000 continued)