Compute the Cost of Goods Manufactured and Cost of Goods Sold for Clear Bay Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct mater (Click the loon to view the de blant the con for cost of goods manufactured by cecuing the orect matena us Clear Bey Company Calculation of Direct Materials Used For Current Year Det used Calculate the cost of goods manufactured Clear Bay Company Calation of Cost of Goods Manufactur For Current Year Pu Mantadungonals incumed Data table Beginning of Year End of Year End of Year Raw mates inventory $ 23.000 $ 34,000 Insurance on plant $500 Work in process inventory $ 30.000 $ 28.000 Depreciation plant building and eqube $12.700 Frished goods inventory 17,000 $ 29.000 Repairs and maintanance an $1700 Purchases of direct mate $ 74,000 Marking $76,000 Directo Indirect labor $ 6.000 General and administrative expe $ 37,000 525300 Print Done