Beginning of Year Raw materials inventory ........$ 28,000 $ Work in process inventory ........$ 37,000 $ End of End of Year Year 34,000 Insurance on plant. ........ .........$ 10,500 29,000 Depreciation-plant building and equipment .... $ 12,600 ) Repairs and maintenance-plant .... 6 4.300 73,000 Marketing expenses ..................$ 76,000 89,000 General and administrative expenses.........$ 23,500 39,000 Finished goods inventory .... 18, A ILolla ICIL . . . . . . . . . . . . Purchases of direct materials .... Direct labor ................ $ $ $ Indirect labor ...... Ull Ullanul................. Start the calculation for cost of goods manufactured by calculating the direct materials used. Quality Acquatic Company Calculation of Direct Materials Used For Current Year Beginning raw materials inventory $ 28,000 73,000 Plus: Purchases of direct materials Materials available for use 101,000 34,000 Less: Ending raw materials inventory 67,000 Direct materials used Calculate the cost of goods manufactured. Calculate the cost of goods manufactured. Quality Acquatic Company Calculation of Cost of Goods Manufactured For Current Year Plus: Manufacturing costs incurred Less: Cost of goods manufactured