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The following data (in thousands of dollars) have been taken from the accounting records of Larden Corporation for the just-completed year. Sales $3250 Purchases of

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

Sales $3250

Purchases of raw materials 423

Direct labor 375

Manufacturing overhead 220

Administrative expenses 199

Selling expenses 175

Raw materials inventory, beginning 110

Raw materials inventory, ending 112

Work-in-process inventory, beginning 95

Work-in-process inventory, ending 89

Finished goods inventory, beginning 62

Finished goods inventory, ending 47

Required: Prepare a Schedule of Cost of Goods Manufactured statement and the cost of goods sold computation.

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