Part 2 is needed. The answer for part 1 is displayed

An analysis of the accounts of Waterway Company reveals the following manufacturing cost data for the month ended September 30, 2020. Inventories Raw materials Work in process Finished goods Beginning Ending $11,100 $11,600 7,000 5,300 10,200 11,400 Costs incurred: raw materials purchases $67,400, direct labor $50,500, manufacturing overhead $27,000. The specific overhead costs were: indirect labor $6,900, factory insurance $5,500, machinery depreciation $5,700, machinery repairs $2,800, factory utilities $3,400, miscellaneous factory costs $1,870. Assume that all raw materials used were direct materials. Part 1 Prepare the cost of goods manufactured schedule for the month ended September 30, 2020. Prepare the cost of goods manufactured schedule for the month ended September 30, 2020. WATERWAY Co. Cost of Goods Manufacturing Schedule For the Month Ended September 30, 2020 Work in Process 9/1/20 Direct Materials Raw Materials Inventory 9/1/20 - 11100 Add 4 Raw Materials Purchases 67400 Total Raw Materials Available for Use 78500 11600 i Less * : Raw Materials Inventory 9/30/20 Direct Materials Used 66900 Direct Labor 50500 Manufacturing Overhead Indirect Labor 6900 Factory Insurance 5500 Machine Depreciation 5700 sine Depreciation 5700 ory Utilities 3400 line Repairs 2800 ellaneous Factory Costs 1870 Overhead 26170 Manufacturing Overhead 143570 Cost of Work in Process 150570 Work in Process 9/30/20 5300 of Goods Manufactured 145270 Part 2 Show the presentation of the ending inventories on September 30, 2020, balance sheet. WATERWAYCO. Balance Sheet Presentation (partial)