Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning 12,000 Purchases 55,500 Available for use 67,500 Direct materials used 49,500 Ending 18,000 Work in Process Inventory Debit Credit Beginning 16,800 Direct materials used 49,500 Direct labor 34,500 Overhead 55,000 155,800 Cost of goods manufactured 140,800 Ending 15,000 Finished Goods Inventory Debit Credit SPP ces Beginning Cost of goods manufactured 19,300 140,800 Available for sale 160,100 Cost of goods sold 140,000 Ending 20,100 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. Beck Manufacturing Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials: Raw materials available for use Direct materials used Factory overhead: Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 0 $ 0 $ 0 0 Required 2 > tes Required 1 Required 2 Compute cost of goods sold for the year. Cost of goods sold BECK MANUFACTURING Partial Income Statement For Year Ended December 31 Goods available for sale Cost of goods sold $ 0 < Required 1 Required 2 >