Compute the cost of Goods Manufactured and Cost of Goods Sold for Golden Bay 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.) HERE 33,000 $ Less: Ending raw materials inventory Direct materials used Calculate the cost of goods manufactured. 71,000 Golden Bay Company Calculation of Cost of Goods Manufactured For Current Year Plus: Manufacturing costs incurred Less: Cost of goods manufactured Chen pn 3 core! Beginning raw materials inventory Beginning work in process inventory Sold for Golden Bay Compa iw Materials Inventory conta Direct labor Direct materials used 33,000 Ending raw materials inventory $ 71,000 Ending work in process inventory Manufacturing overhead Total manufacturing costs to account for Plus: Manufacturing costs incurred Less: Cost of goods manufactured Choose from any list or enter any number in the input fields and then click Check Answer. Get More Help Clear All Che anagerial ccounti bute the cost of Goods Manufactured and cost of Goods Sold for Golden Bay Company for the most. - X Data Table Beginning End of of Year Year End of Year $ 7,500 Raw materials Inventory Work in process Inventory Finished goods inventory Purchases of direct materials $ 25,000 $ 33,000 Insurance on plant Depreciation-plant building $ 42,000 $ 36,000 and equipment Repairs and maintenance- $ 21,000 $ 28,000 plant $ 13,100 $ 4,400 $ 79,000 Marketing expenses General and administrative $ 76,000 Print Done 055 Cost of goods manufactured hoose from any list or enter any number in the input fields and then click Check Answer. Get More Help Clear All Check Answer 16 26 ME