Preview File Edit View Go Tools Window Help Score: 0 of 1 pt 1 of 2 (0 complete) HW Score: 0%, 0 of 2 p P2-38 (book/static) E Question Help Consider the folowing account balances in thousands) for the Carolina Requirements Corporation: 1. Prepare a schedule for the cost of goods manufactured for 2017 Click the icon to view the account balances) 2. Revenues (in thousands) for 2017 were $1,300,000. Prepare the income statement for 2017. Requirement 1. Prepare a schedule for the cost of goods manufactured for 2017 Start with the direct materials and labor costs, the manufacturing overhead costs, and complete the schedule by calculating cost of goods manufactured. Carolina Corporation @ Screen Shot 2019-09-05 at 9.15.11 PM Schedule of Cost of Goods Manufactured For the Year Ended December 31, 2017 in thousands) View zoom share inghiah Rotate Markup Direct materials: Data Table Beginning of End of Carolina Corporation Detay 124.000 $ Direct materials used Direct manufacturing labor 73.000 145.000 Purchases of direct Direct manag er 217.000 57.000 9.000 12.000 Depreciation building, and more Pants Repairs and maintenance - Equipment leasing Manting, buton and womer service Co Gene v e costs 65.000 125.000 71 000