Compute the Cost of Goods Manufactured and Cost of Goods Sold for West Nautical Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materials. EEB (Click the icon to view the data.) Data Table Less: Cost of goods Now calculate Beginning End of End of Year S 11,000 of Year Year Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials.. Direct labor Indirect labor S 22,000 30,000 Insurance on plant 44,000 32,000 Depreciation-plant building and equipment ...12,800 S 18,000 20,000 Repairs and maintenance-plant $ 3,600 S 84,000 S 25,500 $ 78,000 Marketing expenses Plus: 81,000 General and administrative expenses 37,000 Choose from Print Done