1) The Custom Manufacturing Company manufactures furniture. They have been in business for 10 years and are located in Edmonton, Alberta. The accountant prepares and reviews monthly information for the owners of the company. The following is financial company information for the month of August 2021. . . . . Raw materials inventory, ending S23,000, beginning $28,000 Work in process inventory, ending $83,000, beginning $74,000 Finished goods inventory, ending $23,000, beginning $20,000 Total manufacturing cost $763,000 Administration & Selling expenses $125,000 Manufacturing overhead $72,000 Direct labour hours worked 11,400 hours Direct labour incurred $340,000 Sales $990,000 . . . . Instructions a) Prepare a schedule of cost of goods manufactured for the month of August. Provide three examples of manufacturing overhead. b) What is the August 31* inventory balance of work in process