Beck Manufacturing reports the following information in T-accounts for the current year.

Raw Materials Inventory
Debit		Credit
Beginning	12,800
Purchases	48,500
Available for use	61,300
		Direct materials used	48,500
Ending	12,800

Work in Process Inventory
Debit		Credit
Beginning	16,400
Direct materials used	48,500
Direct labor	34,100
Overhead	67,000
	166,000
		Cost of goods manufactured	152,800
Ending	13,200

Finished Goods Inventory
Debit		Credit
Beginning	20,800
Cost of goods manufactured	152,800
Available for sale	173,600
		Cost of goods sold	154,400
Ending	19,200

1. Prepare the schedule of cost of goods manufactured for the year.

2. Compute cost of goods sold for the year.