Project 2: Cost of Goods Manufactured & Cost of Goods Sold Schedules (10 points) Upload your file to Moodle by the deadline specified. Do NOT email your file! The following information relates to Cooper Company: Costs Incurred: Raw materials purchased $188,000 96,000 Direct labor Indirect labor 33,000 Equipment maintenance 14,000 Insurance on factory 19,000 Rent on factory 28,000 Equipment depreciation 12,000 Advertising expenses 21,000 Selling & administrative expenses 43,000 Inventories: Beginning Ending Raw materials $26,000 $20,000 Work in process 51,000 59,000 Finished goods 67,000 61,000 Instructions for Project 2: 1. Using Excel, prepare a Cost of Goods Manufactured schedule. Refer to Illustration 14.11 in your textbook. 2. Using Excel, prepare a Cost of Goods Sold schedule. Refer to Illustration 14.9 in your textbook