Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold P1 P2 Beck Manufacturing reports the following information in T-account form for 2019. 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Begin. inv. 10,000 Begin. inv. 16,000 Purchases Avail. for use Begin. inv. DM used Direct labor Overhead Mfg. costs 14,000 46,500 27,500 55,000 143,000 45,000 55,000 Cost of goods manuf. 131,000 Avail. for sale 147,000 DM used 46,500- Cost of goods manuf. 131,000 Cost of goods sold End. inv. 129,000 8,500 End. inv. 12,000 End. inv. 18,000