QUESTION 2 (5 MARKS) Yakima Tiles has provided the following data concerning last month's manufacturing operations: Purchases of raw materials $6,000 Indirect materials used in production 1,000 Direct labor 11,600 Manufacturing OH applied to WIP 17,400 Underapplied OH 800 Inventories Beginning Ending Raw materials 2,400 3,600 Work-in-process 11,200 13,000 Finished goods 7,000 8,400 Required: a. Prepare a schedule of cost of goods manufactured for the month. (3.5 marks) b. Prepare a schedule of cost of goods sold for the month. Assume the overapplied or underapplied overhead is closed to Cost of Goods Sold. (1.5 marks) (Note: you can prepare a single statement showing both the cost of goods manufactured and cost