Consider the following account balances? (in thousands) for theCole ?Company:Requirements1. Prepare a schedule for the cost of goods manufactured for2017.2. Revenues for 2017 were $265 mill \begin{tabular}{lcc} \hline & Beginning of Cole Company & End of 2017 \\ \hline Direct materials inventory & 23,000 & 29,000 \\ Work-in-process inventory & 24,000 & 22,000 \\ Finished-goods inventory 1 answer