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Beg. of Year End of Year Raw Materials Inventory $26000 $32046 Work in process inventory $35000 $30710 Finished goods inventory $14000 $28026 Purchases of DM

Beg. of Year End of Year
Raw Materials Inventory $26000 $32046
Work in process inventory $35000 $30710
Finished goods inventory $14000 $28026
Purchases of DM $73000
Direct Labor $42482
Indirect Labor $40000
Insurance on plant $10000
Depreciation - plant building and equipment $12730
Repairs and maintenance - plant $4182
Marketing expenses $76000
General & administrative expenses $27325

What is Cost of Goods Sold?

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