Reference no: EM132521596

One of Toyota Company's subsidiaries reports the following account balances for the year ended December 31, 2019 (in thousands).

Direct materials Jan. 1, 2019 20,800

Direct materials Dec. 31, 2019 22,250

Work in process Jan. 1, 2019 5,700

Work in process Dec. 31, 2019 4,650

Finished goods Jan. 1, 2019 102,500

Finished goods Dec. 31, 2019 105,250

Direct materials purchased 452,500

Direct manufacturing labor 335,750

Plant - leasing costs 4,071

Property taxes on plant and equipment 960

Plant wide - utilities 13,500

Fire insurance on plant and equipment 500

Depreciation - plant equipment 5,400

Amortization - plant leasehold improvements 2,200

Indirect labor 52,603

Miscellaneous plant overhead 22,126

Revenue 1, 450,000

Marketing, distribution and customer service costs 340,500

General and administration costs 150,800

Question 1: Prepare A Schedule of Cost of Goods Manufactured, in good form, for the year ended December 31, 2019.