Raw Materials Inventory Begin. Inv. 10,200 Purchases 47,500 Avail. for use 57,700 DM used 51,000 End. Inv. 6,700 Work in Process Inventory Begin. Inv. 16,400 DM used 51,000 Direct labor 34,500 Overhead 62,500 Manuf. costs 164,400 Cost of goods 151,400 manuf. End. Inv. 13,000 Finished Goods Inventory Begin. Inv. 16,600 Cost of goods 151,400 manuf. Avail. for sale 168,000 Cost of Goods Sold 148,900 End. Inv. 19,100 Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year