Compute the cost of goods manufactured and cost of goods sold for East Aquatic Company for the most recent year using the amounts described below. Assume that raw materials inventory contains only direct materials. (Click the icon to view the data.) Start the calculation for cost of goods manufactured by calculating the direct materials used, then calculate the cost of goods manufactured. Add: Direct materials used Direct materials used East Aquatic Company Schedule of Cost of Goods Manufactured Data table Beginning End of Year of Year Raw materials inventory $ 26,000 $ 30,000 Insurance on plant.. Work in process inventory 54,000 39,000 Depreciation-plant building End of Year $ 13,500 Finished goods inventory 19,000 25,000 and equipment Purchases of direct materials 85,000 Repairs and maintenance-plant.. Direct labour. 82,000 Marketing expenses Indirect labour 14,000 5,500 83,000 17,000 General and administrative expenses 36,000