$ 225 Direct labor ....................................................................... $ 245 Manufacturing overhead .................................................... $ 265 Administrative expenses .................................................... $ 150 Selling expenses ................................................................ $ 140 Raw materials inventory , beginning ..................................... $ 15 Raw materials inventory , ending ......................................... $ 45 Work-in-process inventory , beginning ................................. $ 20 Work-in-process inventory , ending ..................................... $ 55 Finished goods inventory , beginning ................................... $ 100 Finished goods inventory , ending ....................................... $ 135 Required : Prepare a Schedule of Cost of Goods Manufactured in the text box below . 2 . Question : ( TCO F ) The Illinois Company manufactures a product that goes through three processing departments . Information relating to activity in the first department during June is given below . Percentage Completed Units Materials Conversion Work in process , June 1 150,000 75 % 55 % Work in process , Jun 30 145,000 85 % 75 % The department started 475,000 units into production during the month and transferred 480,000 completed units to the next department .