2218_ACCT225_05 E Homework: Chapter 2 Homework (GRADED) Compute the cost of Goods Manufactured and Cost of Goods Sold for Strike Marine Company for t (Click the icon to view the data.) Start the calculation for cost of goods manufactured by calculating the direct materials used. Strike Marine Company Calculation of Direct Materials Used For Current Year Plus: Less: Direct materials used Question 8, E2-26A (simil... Part 1 of 3 HW Score: 70%. 7 of 10 points O Points: 0 of 3 for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materials. Data Table Beginning of Year End of Year End of Year THIN Raw materials inventory S Work in process inventory $ Finished goods inventory... S Purchases of direct materials de Direct labor Indirect labor. 25,000 $ 32,000 Insurance on plant 44,000 $ 37.000 Depreciation-plant building and equipment 14,000 $ 24,000 Repairs and maintenance-plant s 79,000 Marketing expenses S 82,000 General and administrative expenses 41.000 $ 11,000 $ 13,400 $ 3,500 $ 82,000 $ 27.500 Print Done