Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit...

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Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning Purchases 11,700 58,500 Available for use 70,200 Direct materials used 50,500 Ending 19,700 Work in Process Inventory Debit Credit Beginning 15,400 50,500 31,300 58,500 Direct materials used Direct labor Overhead 155,700 Cost of goods manufactured 141,400 Ending 14,300 Finished Goods Inventory Debit Credit Beginning Cost of goods manufactured 17,500 141,400 Available for sale 158,900 Cost of goods sold 139,500 Ending 19,400 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. Beck Manufacturing Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials: Raw materials available for use Direct materials used Factory overhead: Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold Beck Manufacturing reports the following information in T-accounts for the current year. Raw Materials Inventory Debit Credit Beginning Purchases 11,700 58,500 Available for use 70,200 Direct materials used 50,500 Ending 19,700 Work in Process Inventory Debit Credit Beginning 15,400 50,500 31,300 58,500 Direct materials used Direct labor Overhead 155,700 Cost of goods manufactured 141,400 Ending 14,300 Finished Goods Inventory Debit Credit Beginning Cost of goods manufactured 17,500 141,400 Available for sale 158,900 Cost of goods sold 139,500 Ending 19,400 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. Required 1 Required 2 Prepare the schedule of cost of goods manufactured for the year. Beck Manufacturing Schedule of Cost of Goods Manufactured For Year Ended December 31 Direct materials: Raw materials available for use Direct materials used Factory overhead: Total manufacturing costs Total cost of work in process Cost of goods manufactured Required 1 Required 2 Compute cost of goods sold for the year. BECK MANUFACTURING Partial Income Statement For Year Ended December 31 Cost of goods sold Goods available for sale Cost of goods sold

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