Sales Purchases of raw materials Direct labor Manufacturing overhead $950 A Baseball Alphabet $170 $210 $200 Administrative expenses $180 Selling expenses $140 Raw materials inventory, beginning Wineo bo Head Herong and aided by Slanic Rose Popp $70 Raw materials inventory, ending $80 Work in process inventory, beginning $30 Work in process inventory, ending $20 $100 $70 Finished goods inventory, beginning Finished goods inventory, ending The above data (in thousands of dollars) have been taken from the accounting records of Larder Corporation for the just completed year. Required: (1) Calculate Direct materials used in production in good form. (2) Prepare a Schedule of Cost of Goods Manufactured in good form. (3) Compute the Cost of Goods Sold in good form. (4) Using data from your answers above as needed, prepare an Income Statement in good form.