A manufacturing company reports the following for the period: Beginning $ 19,120 Inventories Raw materials Work in process Finished goods 10,500 13,560 Activities for the period Raw materials purchases Direct materials used Direct labor used Overhead applied Sales Ending $ 13,100 12,300 9,730 $ 9,200 15,220 10,300 12,140 44,400 1. Prepare a schedule of cost of goods manufactured. 2. Compute gross profit.