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The following data (in thousands of dollars) have been taken from the accounting records of Washington Square Corporation for the just completed year. Sales $1500

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

Sales

$1500

Purchases of raw materials

$300

Direct labor

$200

Manufacturing overhead

$250

Administrative expenses

$60

Selling expenses

$40

Raw materials inventory, beginning

$20

Raw materials inventory, ending

$100

Work in process inventory, beginning

$25

Work in process inventory, ending

$30

Finished goods inventory, beginning

$ 200

Finished goods inventory, ending

$175

Required:

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

Washington Square Corporation

Schedule of Cost of Goods Manufactured

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