The following data (in thousands of dollars) have been taken from the accounting records of Washington Square Corporation for the just completed year.

Sales

$3000

Purchases of raw materials

$450

Direct labour

$600

Manufacturing overhead

$800

Administrative expenses

$100

Selling expenses

$150

Raw materials inventory, beginning

$ 90

Raw materials inventory, ending

$ 80

Work in process inventory, beginning

$ 150

Work in process inventory, ending

$ 300

Finished goods inventory, beginning

$ 210

Finished goods inventory, ending

$210

Required:

a. Prepare a Schedule of Cost of Goods Manufactured using the form below:

Washington Square Corporation

Schedule of Cost of Goods Manufactured

Direct Raw Materials Raw Materials inventory, beginning

Raw Materials Used in Production

Total Manufactuing Cost Add:

Deduct