Beck Manufacturing reports the account information below for 2017. Using this information:
1. Prepare the schedule of cost of goods manufactured for the year.
2. Compute cost of goods sold for the year.

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Raw Materlals Inventory Work In Process Inventory Flnished Goods Inventory Begin. Inv. 10,000 Begin. Inv. 14,000 46,500 Direct labor 27.500 55,000 Aval. for mfg. 143,000 Begin. Inv. 16,000 used Purchases 45,000 Avall. for use 55,000 Overhead ost of goods Avall. for sale 131,000 147,000 DM used 46 Cost of 131 Cost of s sold 129,000 End. Inv 8,500 End. Inv 12,000 End. Inv 18,000