compute the Cost of Goods Manufactured and Cost of Goods Sold.

F 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 (Click the icon to view the data) Start the calculation for cost of goods manufactured by calculating the direct materials used West Nautical Company Calculation of Direct Materials Used For Current Year Plus Data Table N Less Direct materials used End of Year Calculate the cost of goods manufactured Work in West Nautical Company Calculation of Cost of Goods Manufactured For Current Year Raw maten als inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labor Indirect labor Indirect Beginning End of of Year Year $ 24,000 28 DO Insurance on plant S 35000 30.000 Depreciation-plant bulding and equipment S 20 000 26.000 Repairs and maintenance-plant S 79.000 Marketing expenses $ 89000 General and administrative expenses $ 42,000 on the non 5 $ 11,500 $13 100 $ 4,200 $ 76,000 $ 22 500 Plus: Manufacturing costs incurred Print Done Less Cost of goods manufactured Now calculate the cost of goods sold West Nautical Company Calculation of Cost of Goods Sold For Current Year Plus Less Cost of goods sold Choose from any list or enter any number in the input fields and then continue to the next