4 Compute the cost of goods manufactured and cost of goods sold for Crystal Bay Company for the most recent year using the amounts described next. Assume that raw materials inventory contains only direct materials. (30%) Beginning of Year $26,000 $35,000 $14,000 End of Year $33,000 $31,000 $29,000 Raw materials inventory Work in process inventory Finished goods Inventory Additional Information: Salesperson salary Purchases of direct materials Direct labor Indirect labor CEO insurance premium Insurance on plant Salary for VP of manufacturing Depreciation-office equipment Depreciation-plant building and equipment General and administrative expenses Repairs and maintenance plant Marketing expenses For this Year $5,000 $73,000 $86,000 $40,000 $ 2,000 $10,000 $80,000 $ 2,000 $13,200 $27,500 $ 4,200 $76,000