The following information was extracted from the 2020 accounting
records of Yogurt Beer Inc.: Purchases of raw materials $ 39,000
Maintenance, factory equipment 11,500 Marketing costs 18,500 Direct
labour 112,000 Administrative costs 52,000 Indirect labour 23,000
Depreciation, factory 15,000 Depreciation, head office 8,000 The
company had the following inventory balances: January 1, 2020
December 31, 2020 Work in process $48,000 $44,500 Raw Materials
$15,000 $13,500 Finished goods $33,000 $37,000 Required: a) Prepare
a schedule of cost of goods manufactured for 2020.
No heading required. (5 marks) b) Compute the dollar amount of
cost of goods sold for the year ended December 31, 2020. (2
marks)