Cost of Goods Manufacturing Schedule At the Emery Manufacturing Company uses a simple manufacturing accounting system. end of it fiscal accounts. year on December 31, 2012, the trail balance contains the following CREDITS Accumulated Depreciation$353,000 Notes Payable Accounts Payable Income Taxes Payable 9,000 Common Stock Retain Earnings Sales TOTAL DEBITS CASH $ 17,650 Accounts Receivable (net) 58,400 Finished Goods Invent.(beg) $63,000 Work In Process Invent.(beg) $27,800 Raw Materials Inventory(beg) $ 37,200 $850,000 Raw Materials Purchased $236,500 $280,900 27,400 s 17,200 19,000 Factory Manager's Salary 40,000 S 11,000 Factory Property Taxes S 12,900 13,300 $ 88,000 Administrative Expense $115,200 $ 45,000 $ 38,200 $352,000 S205,300 $996,000 Plant Assets Direct Labor Indirect Labor Factory Repairs Factory Depreciation Factory Insurance Factory Utilities Selling Expenses Income Tax Expense TOTAL On December 31, 2012, the ending balances were in the following inventory accounts: Finished Goods $54,600/Work in Process $23,400/Raw Materials $46,500. Instructions: Prepare the following a.) cost of good manufactured schedule b.) cost of goods sold