Beck Manufacturing reports the following information in T-account form for 2019.

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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Work In Process Inventory Finished Goods Inventory Raw Materlals Inventory 14,000 46,500 27,500 55,000 143,000 Begin. iv. 10,000 Begin. Iv. >DM used Begin. inv. 16,000 Direct labor Cost of goods manuf. 131,000 Avall. for sale 45,000 55,000 Purchases Overhead 147,000 Avail. for use Mfg. costs DM used 8,500 46,500 Cost of goods manuf. 131,000– Cost of goods sold 129,000 End. Inv. End. Inv. 12,000 End. Inv. 18,000