The following data from the just completed year are taken from the accounting records of Eccles Company: Purchase of Raw Material....... Indirect material included in manufacturing overhead Direct Labor Costs.. ************ Manufacturing Overhead Applied to Work in Process... Underapplied Overhead. Inventories Raw Materials Work in Process Finished Goods Beginning of Year $12,000 $56,000 $35,000 $30,000 $5,000 $58,000 $87,000 $ 4,000 End of Year $18,000 $65,000 $42,000 1. Required: Prepare a schedule of cost of goods manufactured for the month. Assume all raw materials used in production were direct materials. 2. Prepare a schedule of cost of goods sold for the month.