Beck Manufacturing reports the information below for 2015. 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 Materials Inventory Work in Process Inventory Finished Goods Inventory Begin. Inv. 10,000 Begin. Inv Begin. Inv.14,000 Materials 46,500 Direct labor 27,500 Overhead Avail for mfg. 143,000 16,000 Purchases 45,000 Avail for Use 55,000 131,000 147,000 55,000 Cost of goods Avail for sale Matis used 46,500 Cost of goods mfg 131,000 Cost of goods sold 129,000 End. Inv 8,500 End. Inv. 12,000 End. Inv. 18,000