2 - ow of costs; schedule of cost of goods manufactured (Spts): Below is the information for the current month ended 8/31/2022 for Bird's Beans, Inc., a coffee manufacturer. Assume all Raw Materials were used as Direct Materials and that all Factory Overhead Costs are assigned to Work in Process Inventory. Raw materials inventory, beginning $98,405 Raw materials inventory, ending $103,870 Work in process inventory, beginning $187,350 Work in process inventory, ending $179,885 Finished goods inventory, beginning $66,915 Finished goods inventory, ending $71,030 Direct Materials Used $251,965 Direct labor used $317,065 Factory overhead costs assigned to WIP $106,440 General and administrative expenses $309,615 Selling expenses $220,790 Sales $2,000,350 Cash $731,650 Accounts receivable, net $811,420 Calculate the cost of direct materials purchased during the month. . Calculate total manufacturing costs for the month. Calculate the cost of goods manufactured (COGM) for the month. . Calculate the cost of goods sold (COGS) during the month. Prepare an income statement for the month ended 8/31/2022 (assume no income tax expenses; see Thursday's class slides as well as exhibits 1.12 and 1.15 from ch.1 of Wild, Managerial Accounting, in our custom text for examples of format for a manufacturer). EDD-90'!\