Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning 11,200 Purchases 53,500 Available for use 64,700 Direct materials used 47,500 Ending 17,200 Work in Process Inventory Debit Credit Beginning 15,800 Direct materials used 47,500 Direct labor 27,900 Overhead 62,500 153,700 Cost of goods manufactured 139,700 Ending 14,000 Finished Goods Inventory Debit Credit Beginning 19,000 Cost of goods manufactured 139,700 Available for sale 158,700 Cost of goods sold 137,800 Ending 20,900 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year.