Jacobs International has provided the following information for their manufacturing plant. Inventory informaiton follows: \begin{tabular}{|c|c|c|} \hline Inventories: & 1-May & 31-May \\ \hline Raw Materials & 178,350 & 163,250 \\ \hline Work-in-process & 43,850 & 42,180 \\ \hline Finished goods & 850,760 & 759,081 \\ \hline \multicolumn{3}{|c|}{ Additional information: } \\ \hline Raw materials purchases & 89,527 & \\ \hline Direct Labor & 259,873 & \\ \hline Manufacturing overhead incurred & 679,250 & \\ \hline Manufacturing overhead applied & 659,750 & \\ \hline \multicolumn{3}{|l|}{ Required } \\ \hline \multicolumn{3}{|c|}{ 1) Complete the Schedule for Cost of Goods Manufactured in good form } \\ \hline \multicolumn{3}{|c|}{ 2) Compete the Schedule for Cost of Goods Sold in good form. } \\ \hline \end{tabular}