Required information (The following information applies to the questions displayed below] Alexandria Aluminum Company, a manufacturer of recyclable soda cans, had the following inventory balances at the beginning and end of 20xL January 2011 Inventory classification av saterial Work in process Finished goods $5,000 Dece111 $ 70.000 115.000 120.000 160,000 During 20xt, the company purchased $250,000 of raw material and spent $400,000 on direct labot Manufacturing Overhead costs were as follows Sales revenue was $100.000 for the year. Selling and administrative expenses for the year amounted to $110.000. The t 's that is 40 percent Required: 1. Prepare a schedule of cost of goods manufactured Required information ALEXANDRIA ALUMINUM COMPANY Schedule of Cost of Goods Manufactured For the Year Ended December 31, 20x1 Direct material: Manufacturing overhead: Total manufacturing overhead Total manutacturing costs Cost of goods manufactured Q W