Score: 0 of 1 pt 2 of 2 (0 complete) HW Score: 0% P2-38 (static) Question Hel Consider the following account balances (in thousands) for the Carolina Corporation: (Click the icon to view the account balances.) Requirements 1. Prepare a schedule for the cost of goods manufactured for 2017 2. Revenues (in thousands) for 2017 were $1,300,000. Prepare the ince statement for 2017 Requirement 1. Prepare a schedule for the cost of goods manufactured for 2017, Start with the direct materials and labor costs, then manufacturing overhead costs, and complete the schedule by calculating cost of goods manufactured. Carolina Corporation Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 (in thousands) Direct materials. Direct materials used Direct manufacturing labor Choose from any list or enter any number in the input fields and then click Check Answer. 3 parts remaining Clear All Check Answer static) Data Table ne following account by 1: he icon to view the ad facture 1000. P End of nt 1. Prepare a sche 2017 e direct materials and ods m $ Beginning of 2017 124,000 $ 173,000 240,000 Carolina Corporation Direct materials inventory Work-in-process inventory Finished-goods inventory Purchases of direct materials Direct manufacturing labor Indirect manufacturing labor Schedule 73,000 145,000 206,000 262,000 217.000 97,000 For the Year En rials: Plant insurance 9,000 45,000 26,000 12,000 65,000 Depreciation-plant, building, and equipment Plant utilities Repairs and maintenance-plant Equipment leasing costs Marketing, distribution, and customer-service costs General and administrative costs Direct materials used ufacturing labor 125,000 71,000 many list or enter a Print Done