Your first internship assignment is to prepare two schedules for Martinez Blue Co., a manufacturing company. You have a file that contains a copy of last years work for both schedules; you plan to follow the same format as last year, hoping the staff accountant had it right. You also have access to the full set of financials for Martinez Blue, and you can dig further into any of the accounts via the accounting system, too.

Here's the information you have pulled, with the same items last year.

DM Inventory Beginning of year $8200 End of Year $9000

WIP Inventory Beginning of year 20000 End of Year 13000

FG Inventory Beginning of year 6900 End of year 8100

DM Purchases End of Year 142000

DL Costs End of Year 208000

Production Supervisory Salary End of Year 64000

Utility cost in production space End of Year 13000

Depreciation on manufacturing facility and equipment End of Year 47000

Indirect Materials End of Year 8300

Indirect Labor End of Year 15000

Prepare a complete schedule of COGM and COGS for Martinez Blue for hte current year, in good form.