The following information was extracted from the 2020 accounting records of Yogurt Beer Inc.: Purchases of raw materials $ 39,000 Maintenance, factory equipment 11,500 Marketing costs 18,500 Direct labour 112,000 Administrative costs 52,000 Indirect labour 23,000 Depreciation, factory 15,000 Depreciation, head office 8,000 The company had the following inventory balances: January 1, 2020 December 31, 2020 Work in process $48,000 $44,500 Raw Materials $15,000 $13,500 Finished goods $33,000 $37,000 Required: a) Prepare a schedule of cost of goods manufactured for 2020.

No heading required. (5 marks) b) Compute the dollar amount of cost of goods sold for the year ended December 31, 2020. (2 marks)