1)Weisinger Corporation has provided the following data for the month of January:

Inventories: Beginning Ending

Raw Materials——————– $28,000 $29,000

Work in process—————– $16,000 $14,000

Finished goods—————— $42,000 $54,000

Additional information:

Raw materials purchase———————————————————- $56,000

Direct labor cost——————————————————————- $87,000

Manufacturing overhead cost incurred————————————- $51,000

Indirect materials included in manufacturing overhead cost incurred $3,000

Manufacturing overhead cost applied to Work in process———— $55,000

Required: Prepare a Schedule of Cost of Goods Manufactured and a Schedule of Cost of Goods Sold in good form.