Manufacturing reports the account information below for 2017. Using this information: are the schedule of cost of goods manufactured for the year. 2. Compute cost of goods sold for the year. 1. Prepare the schedule of Exercise 14-15 Schedule of cost of goods manufactured and cost of goods sold P1 P2 Raw Materials Inventory Work in Process Inventory Finished Goods Inventory Begitime 10,000 Begin. inv. 16,000 Begin, inv. 14.000 DM used 46,500 Direct labor 27,500 Overhead 55,000 Avail for mfg. 143,000 Purchases for use 45.000 55,000 Cost of goods mf Avail for sale 131.000 147.000 DM used 129.000 Cost of goods sold 46,500 Cost of goods mfg. 131,000 End. inv. 12.000 Endin. 18.000 8,500