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

Cost of Goods Manufactured	$1710
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	$ 500
Finished goods inventory, ending	$210

Required:

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

Washington Square Corporation

Cost of Goods Sold

Finished Goods Inventory, beginning		Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000
Add:	Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000	Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000
Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000		Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000
Less:	Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000	Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000
Cost of Goods ManufacturedPurchases of Raw MaterialDirect LabourManufacturing OverheadGoods Available for SaleCost of Goods SoldRaw Materials Available for UseRaw Materials Inventory, beginningRaw Materials Inventory, endingWork In Process Inventory, beginningWork In Process Inventory, endingFinished Goods Inventory, beginningFinished Goods Inventory, ending809010015021030045046050054060080091016001710186017102000201022103000