Tiessen Limited provided the following information for the year ended December 31:

Required:
1. Prepare a schedule of cost of goods manufactured.
2. Prepare the cost of goods sold section of Tiessen Limited€™s income statement for the year.

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Costs incurred Marketing expense Direct labour cost $300000 270000 396,000 Rent, manufacturing building Uitilities, manufacturing.. Depreciation manufacturing equipment Supplies, manufacturing Deprecation, office eqipment. Repairs, manufacturing equipment 2100 120000 End Beginning of Year of Year Work in process 5,000 60,000 75,000