15) The cost of finished goods available for sale minus the ending finished good inventory is: 1 Point O Cost of goods manufactured Cost of goods sold O Product costs 16) For a retail company, the calculation for cost of good sold is below: Beginning Inventory + Net Purchases - Cost of Goods Sold Fill in the missing blank above. 1 Point Ending Inventory O Cost of goods manufactured Direct Costs Indirect Costs 17) For a manufacturing company, the calculation below is to determine what? Beginning materials inventory + Net purchases - Ending materials inventory 2 Points Cost of goods sold O Cost of direct materials used Cost of goods manufactured 18) San Diego T-shirt Manufacturing Corp had the following data for March 2020: March 1, 2020 Work in Process Inventory 30,000 March 31, 2020 Work in Process Inventory 25,000 Cost of direct materials used 25,000 Direct Labor 35,000 Factory overhead 20,000 What was the cost of goods manufactured for March 2020? *Make sure to show your work on your piece of notebook paper! 2 Points ALICA