The following data was taken from the general ledger and other records from Kendo Kaponi Corp. on December 31, the end of the second month of operation:

Sales $ 900,000

Purchase of materials 150,000

Inventories December 1st:
Materials 25,000
Work in process 48,000
Finished goods 72,000
Inventories January 31st:
Materials 23,000 Work in process 52,000 Finished goods 65,000
Direct labor 81,000 Indirect material 5,000 Indirect labor 18,000
Depreciation Equipment (production) 7,000
Utilities Plant 5,000
Insurance Plant 1,000

Selling and administrative expenses 18,000

Tax rate 25%

Instructions:

a.	Prepare a schedule of cost of goods manufactured
b.	Prepare a schedule of cost of goods sold