Makeshift Manufacturing provided the following information for July, 20X2.

July 1

July 31

Raw materials inventory

$40,000

$ 36,000

Work in process inventory

$17,000

$15,000

Finished goods inventory

$34,000

$36,000

July

Sales

$250,000

Direct labour

43,000

Manufacturing overhead

60,000

Selling expenses

30,000

Administrative expenses

36,000

Raw materials purchased

42,000

a) Provide, in good form, a Schedule of Cost of Goods Manufactured for the month? (12 marks)

b) Calculate cost of goods sold for the month? (8 marks)