5 Raw Materials Inventory, Jan 1 - Raw Materials Inventory, Dec 31 B Work in Process Inventory Jan 1 - Work in Process Inventory Dec 31 Finished Goods Inventory Jan 1 1 Finished Goods Inventory Dec 31 Purchase of Raw Materials Depreciation - Plant & Equipment Repairs & Maintenance - Plant Insurance on Plan General & Administrative Expenses Indirect Labour Direct Labour Marketing Expenses 50,000 56,000 100,000 70,000 36,000 50,000 30,000 26,000 8,000 18,000 25,000 30,000 164,000 40,000 Required: 1. Compute the Cost of Goods Manufactured for the year. 2. Compute the Cost of Goods Sold for the vear