Ch. 14 practice Breakfast Corporation incurred the following costs while manufacturing its product Administrative expense CEO salary Cost of Advertising product Cost of moving finished goods to the store 22,000 Delivery expense Dep. of the Machinery in the Factory Depreciation on plant Factory insurance Factory manager's salary Factory supplies used Indirect Labor Indirect materials Labor costs of assembly-line workers Materials purchased Property taxes on plant(factory) Property taxes on store Salaries paid to sales clerks Sales commissions Supplies for cleaning the factory 115,000 280,000 55,000 25,000 32,000 50,000 12,000 62,000 73,000 110,000 7,000 135,000 120,000 32,000 10,200 52,000 18,000 9,000 reakfast Corporation has he following balances in their Inventory Accounts: aw Materials on January 1 w Materials inventory December 31 ork-in-process inventory January 1 Work-in-process inventory December 31 $ 8,000 10,000 12,500 15,000 Finished goods inventory January 1 31,000 28,000 Finished goods inventory December 31 a. Prepare a schedule of Cost of Goods Manufactured. b. Compute cost of goods sold