Information Inventory balances: Beginning Ending Work-in-Process 3 8% 21 Finished Goods 10 14 Other information: Sales Revenue $ 269 Selling and Administrative Expenses o Direct Labor 31 Manufacturing Overhead; actual and allocated 22 Direct Materials Used 42 Hanson Company has the following information for the year ended December 31, 2025. View the information. Use the information to prepare a schedule of cost of goods manufactured and an income statement. Assume no indirect materials are used and all amounts are shown in millions. Begin by preparing a schedule of cost of goods manufactured. Hanson Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2025 {in millions}) I Cost of Goods Manufactured L \f