$ 12,000 Direct Materials Used 21,000 Manufacturing Overhead Work-in-Process Inventory: 1,000 Beginning Balance 5,000 Ending Balance 9,000 Direct Labor Finished Goods Inventory: 18,000 Beginning Balance 4,000 Ending Balance S16-9 Computing cost of goods manufactured Learning Objective 3 Use the following inventory data for Caddy Golf Company to compute the cost of goods manufactured for the year