Q2. Tondre Corporation has provided the following data concerning last months operations.

	Direct materials..............................................................	$24,000
	Direct labor....................................................................	$58,000
	Manufacturing overhead cost applied to Work in Process..........................................................................	$87,000
	Overapplied overhead...................................................	$1,000

		Beginning	Ending
	Raw materials inventory.........	$12,000	$17,000
	Work in process inventory......	$50,000	$77,000
	Finished goods inventory........	$28,000	$48,000

Any underapplied or overapplied manufacturing overhead is closed out to cost of goods sold.

Required:

a. Determine the cost of goods manufactured for the month.

b. Prepare a Schedule of Cost of Goods Sold for the month.