Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold LO P1, P2 Beck Manufacturing reports the following information in T-account form for 2019. 46,500 Raw Materials Inventory Begin. Inv. 10,000 Purchases 45,000 Avail. for use 55,000 DM used End. Inv. 8,500 Work in Process Inventory Begin. Inv. 14,000 DM used 46,500 Direct labor 27,500 Overhead 55,000 Manuf. costs 143,000 Cost of goods manuf. End. Inv. 12,000 Finished Goods Inventory Begin. Inv. 16,000 Cost of goods manuf. 131,000 Avail. for sale 147,000 Cost of Goods Sold End. Inv. 18,000 131,000 129,000 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, 2019 Direct materials Direct labor 0 Total manufacturing costs Add Work in process beginning Total cost of work in process Less Work in process, ending 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, 2019 Cost of goods sold Finished goods inventory, beginning Add Cost of goods manufactured Goods available for sale Less. Finished goods inventory, ending Cost of goods sold 0 $ 0