Problem 1: (30 points) The following information is available for All American Manufacturing Company. Direct Material Inventory Work in process inventory Finished goods inventory Direct Materials Purchased Direct labor Manufacturing overhead incurred on account Plant Manager's Salary Depreciation on Plant & Plant Machinery Depreciation on Sales Fixtures Instructions January 1, 2022 2022 December 31, 2022 9,000 11,000 5,000 4,000 20,000 22,000 $300,000 50,000 500,000 90,000 10,000 12,000 Prepare a schedule of cost of goods manufactured in good form. All American Manufacturing Company Schedule of Cost of Goods Manufactured For the year ended December 31, 2022 Beginning Inventory of Direct Materials = Add: Direct Materials Used Direct Labor Manufacturing Overhead Manufacturing Costs Incurred this Period -Ending Inventory of 11000