Calculate the cost of goods manufactured Data Table South Marine Company Calculation of Cost of Goods Manufactured For Current Year Beginning End of End of Year $ 9,500 of Year $ 28,000 S 30,000 Insurance on plant $ 43,000 S 36,000 Depreciation-plant building and equipment ....$ 12,600 $13,000 S 25,000 Repairs and maintenance-plant Year Plus: Manufacturing costs incurred Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials.... Direct labor Indirect labor 72,000 Marketing expenses S 88,000 General and administrative expenses $ 42,000 $4,400 $79,000 $27,500 Less: Cost of goods manufactured