The following data from the just completed year are taken from the accounting records of Eccles Company: Sales Direct labour cost Raw material purchases Selling expenses Administrative expenses Manufacturing overhead applied to work in process Actual manufacturing overhead costs $692,000 97,000 139,000 107.000 50,000 217,000 234,000 Inventory Raw materials Work in process Finished goods Beginning of Year $ 8,700 5,700 70,700 End of Year $10,700 20,700 25, 700 1. Prepare a schedule of cost of goods manufactured. Assume all raw materials used in production were direct materials. ECCLES COMPANY Schedule of Cost of Goods Manufactured Direct materials 0 Raw materials used in production 0 Total manufacturing costs 0 0 Cost of goods manufactured $ 0 2. Prepare a schedule of cost of goods sold. ECCLES COMPANY Schedule of Cost of Goods Sold 0 0 Adjusted cost of goods sold $ 0