A manufacturing company reports the following for the period: Inventories Raw materials Beginning $ 20,020 Ending $ 14,000 Work in process 11,400 13,200 Finished goods 14,460 10,630 Activities for the period Raw materials purchases Direct materials used Direct labor used Overhead applied Sales $ 10,100 16,120 11,200 13,040 48,000 1. Prepare a schedule of cost of goods manufactured. 2. Compute gross profit. 1. Prepare a schedule of cost of goods manufactured. 2. Compute gross profit. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Prepare a schedule of cost of goods manufactured. Schedule of Cost of Goods Manufactured Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Compute gross profit. Gross profit