ACCT2102E Summer 2019 Homework: Chapters 1 and 2 homework 5 of 7 (5 cc Score: 0.29 of 1 pt E2-26A (similar to) Compute the Cost of Goods Manufactured and Cost of Goods Sold for South Marine Company for the most recent year usin (Click the icon to view the data. For Current Year Data Table $ 27,000 Beginning raw materials inventory 78,000 Purchases of direct materials Plus 105.000 Materials available for use 34,000 Ending raw materials inventory Less: 71,000 Direct materials used Raw materials invern Work in process inve Calculate the cost of goods manufactured. Finished goods inver South Marine Company Purchases of direct m Calculation of Cost of Goods Manufactured Direct labor For Current Year Direct labor Indirect labor 85.000 Plus Manufacturing costs incured Total manufacturing costs to account for Beginning work in process inventory Ending work in process inventory Less: Cost of goods manufactured Choose from any list or enter any number in the input fields and then click Check Answer 1 part remaining Clear All MacBook Pro esc 2 FS # % 1 A 2 3 4 5 6 eLO A st C 6/13/19 1:41 AM jaden choe A rk Save HW Score: 61.29 % , 4.29 of 7 pts 5 of 7 (5 complete) Question Help any for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materials. i Data Table Beginning End of End of of Year Year Year Raw malerials inventory 27.000 34,000 Insurance on plant 7,000 Work in process inventory $ 42,000 S 30,000 Depreciation-plant building and equipment S 12.600 Finished goods inventory 18.000 Repairs and maintenance-plant 28,000 4,300 Purchases of direct materials S 80.000 78,000 Marketing expenses Direct labor . . 85,000 General and administrative expenses S 28,500 Indirect labor 40,000 Print Done ck Answer Clear All Check Answer MacBook Pro & 7 8 9 delete { P H J K roturn. +II