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Lawrence's Die Cuts is preparing its cost of goods manufactured schedule at year-end. Lawrence's accounting records show the following: The raw materials inventory account had a beginning balance of $18,000 and an ending balance of $25,000. During the year, Lawrence purchased $60,000 of direct materials. Direct labour for the year tolalled $135,000, while manufacturing overhead amounted to $148,000. The work in process inventory account had a beginning balance of $29,000 and an ending balance of $21,000. Compute the cost of goods manufactured for the year. (Hint: The first step is to calculate the direct materials used during the year.) Cost of Goods Manufactured u Add: Direct materials used ad C00! Direct materials used Dior 959 otel Total manufacturing costs incurred during the period Less Lawrence's Die-Cuts is preparing its cost of goods manufactur account had a beginning balance of $18,000 and an ending ba year totalled $135,000, while manufacturing overhead amounte ending balance of $21,000. Compute the cost of goods manufa Cost of Goods Manufa Beginning raw materials inventory Beginning work in process inventory Cost of goods manufactured Direct labour Direct materials available for use Direct materials used Ending raw materials inventory Ending work in process inventory Manufacturing overhead Purchases of direct materials Total manufacturing costs incurred during the period Total manufacturing costs to account for el ar Cost of goods manufactured Choose from any list or enter any number in the input fields and then sur

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