Alpha Corporation has the following information for the month of August:

Purchases	$ 92,000
Materials inventory, August 1	6,000
Materials inventory, August 31	8,000
Direct labor	25,000
Factory overhead	37,000
Work in process, August 1	32,000
Work in process, August 31	23,500
Finished goods inventory, August 1	21,000
Finished goods inventory, August 31	30,000
Sales	252,000
Sales and administrative expenses	79,000

Prepare (a) a schedule of cost of goods manufactured, (b) an income statement for the month ended August 31,