Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the information below for 2017. Begin. Inv. Purchases Avail. for use 52,500 52,500 End. Inv. Raw Materials Inventory 10,000 47,000 57,000 DM used 4,500 Work in Process Inventory 16,800 52,500 32,900 56,500 158,700 Cost of goods mig 12,700 Begin. Inv. DM used Direct labor Overhead Avail. for mfg. 146,0 End. Inv. Begin. Inv. Cost of goods mfg Avail. for sale Finished Goods Inventory 19,300 146,000 165,300 Cost of Goods Sold 18,400 146,900 End. Inv. Required: 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, 2017 Total manufacturing costs Total cost of work in process o Cost of goods manufactured $ 0 Required: 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 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31, 2017 Cost of goods sold Goods available for sale Cost of goods sold $ 0