Exercise 14-15 (Algo) Schedule of cost of goods manufactured and cost of goods sold LO P2 Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning 12,300 Purchases 55,000 Available for use 67,300 Direct materials used 48,000 Ending 19,300 Work in Process Inventory Debit Credit Beginning 17,800 Direct materials used 48,000 Direct labor 28,100 Overhead 56,000 149,900 Cost of goods manufactured 135,100 Ending 14,800 Finished Goods Inventory Debit Credit Beginning Cost of goods manufactured Available for sale 17,200 135, 100 152,300 Cost of goods sold 133,800 Ending 18,500 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. S 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Complete this question by entering your answers in the tabs below. 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 Required 2 > Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold < Required 1 Required 2