Listed below are the Presto Company balances for the month ending August 31, 2018. You will need to complete:

a) Cost of Goods Manufactured Schedule for August 2018

b) Cost of Goods Sold Schedule for August 2018

Work-in-process inventory (August 1) $ 152,780

Work-in-process inventory (August 31) 193,458

Finished goods inventory (August 1) 562,489

Finished goods inventory (August 31) 508,487

Direct materials used 352,147

Indirect materials used 82,000

Direct manufacturing labor 473,657

Indirect manufacturing labor 178,657

Property taxes on manufacturing plant building 25,487

Salespersons' company vehicle costs 11,879

Depreciation of manufacturing equipment 261,782

Depreciation of office equipment 129,457

Miscellaneous plant overhead 132,746

Plant utilities 90,687

General office expenses 315,685

Marketing distribution costs 34,654