Styles Paragraph QUESTION TWO (16 marks) The following data (in thousands of dollars) have been taken from the accounting records of Larment Corporation for the year just completed ending December 31, 2021: Executive Salaries $ 60 Purchases of raw materials $100 Direct labour $240 Indirect labour $ 80 Office rent $ 8 Sales $990 Indirect Materials $ 30 Insurance (80% for factory) $ 10 Depreciation Office Equipment $ 10 Rent of factory building $ 25 Utilities (75% for factory) $ 12 General Administrative expenses $17 Supplies for factory $ 8 Depreciation Production Equipment $ 50 Selling expenses $140 Raw materials inventory, beginning $20 Raw materials inventory, ending $ 80 Work-in-process inventory, beginning $50 Work-in-process inventory, ending $ 30 Finished goods inventory, beginning $160 Finished goods inventory, ending $150 Required: (a.) Prepare a schedule of cost of goods manufactured in good form. (10 marks) (prepare in the space provided on the following page) (6.) The cost of goods sold would be (4 marks) Support answer with calculations in good form. Ba