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Thanks (TCO A) The following data (in thousands of dollars) have been taken from the accounting records of Karmana on for the $1.500 Sales Raw
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(TCO A) The following data (in thousands of dollars) have been taken from the accounting records of Karmana on for the $1.500 Sales Raw materials inventory, beginning Raw materials inventory, ending Purchases of raw materials Direct labor Manufacturing overhead Administrative expenses Selling expenses Work-in-process inventory, beginning Work-in-process inventory, ending Finished goods inventory, beginning $40 S150 ...$180 $250 $100 $140 S50 $125 ...$60 Finished goods inventory, ending Use these data to prepare (in thousands of dollars) a schedule of Cost of Goods Manufactured and a Schedule Cost of Goods Sold for the year In addition, elaborate on the relationship between these schedules as they rela the flow of product costs in a manufacturing company HTML EditoStep by Step Solution
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