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. d Beginning Purchases Available for use Ending Raw Materials Inventory Debit Credit 11,200 50,500 61,700 Direct materials used 52,500 9,200 Debit Work in Process Inventory Credit int Beginning Direct materials used ences: Direct labor 14,400 52,500 33,500 Overhead 65,000 165,400 Cost of goods manufactured. 152,700 Ending 12,700 Finished Goods Inventory Debit Credit Beginning 17,500 Cost of goods manufactured 152,700 Available for sale 170,200 Cost of goods sold 150,900 Ending 19,300 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Chec bed 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 ok Direct materials: int ences Raw materials available for use Direct materials used Factory overhead. Total manufacturing costs Total cost of work in process Cost of goods manufactured Respired $ 0 0 0 $ 0 Required 2 > < Prev 11 of 11 Next 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 $ 0