12. TUV Manufacturing Company has the following data for 2024 (amounts in millions): Click the icon to view the information.) Prepare the schedule of cost of goods manufactured and the cost of goods sold section of the income statement for the year ended December 31, 2024. Begin by preparing the schedule of cost of goods manufactured. TUV Manufacturing Company Schedule of Cost of Goods Manufactured Year Ended December 31, 2024 (in millions) Direct Materials Used: Direct Materials Used K 12. TUV Manufacturing Company has the following data for 2024 (amounts in millions): Click the icon to view the information.) Prepare the schedule of cost of goods manufactured and the cost of goods sold section of the income statement for the year ended December 31, 2024 Direct Materials Used Total Manufacturing Costs Incurred during the Year Total Manufacturing Costs to Account For Cost of Goods Manufactured BLEED Now prepare the schedule of cost of goods sold. TUV Manufacturing Company Schedule of Cost of Goods Sold Year Ended December 31, 2024 (in millions) Cost of Goods Available for Sale Cost of Goods Sold Direct Materials, January 1 Direct Materials, December 31 Work-in-Process Inventory, January 1 Work-in-Process Inventory, December 31 Finished Goods Inventory, January 1 Finished Goods Inventory, December 31 $ SA 3 6 11 18 13 11 Direct Materials Purchased, including Freight In 27 Direct Labor 40 Manufacturing Overhead 19 Print Done