Beck Manufacturing reports the information below for 2017.

Raw Materials Inventory
Begin. Inv.	12,500
Purchases	46,000
Avail. for use	58,500
		DM used	47,500
End. Inv.	11,000

Work in Process Inventory
Begin. Inv.	14,400
DM used	47,500
Direct labor	32,300
Overhead	61,000
Avail. for mfg.	155,200
		Cost of goods mfg	142,800
End. Inv.	12,400

Finished Goods Inventory
Begin. Inv.	19,900
Cost of goods mfg	142,800
Avail. for sale	162,700
		Cost of Goods Sold	142,800
End. Inv.	19,900

Required: 1. Prepare the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year.