Computer the cost of Goods Manufactured and Cost of Goods Sold for West Nutical company for the most recent year using the amounts described neet. Assume that Raw Materials inventory contains only Grect materiais ITF (Click the icon to view the data) Start the calculation for cost of goods manufactured by calculating the direct meals used West Nautical Company Calculation of Direct Materials Used For Current Year Plus Less Direct materials used 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 Beginning raw materials inventory Beginning work in process inventory Cost of goods manufactured Direct labor Ending raw materials inventory Ending work in process inventory Manufacturing overhead Materials available for use Purchases of direct materials Total manufacturing costs incurred during the period Total manufacturing costs to account for 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: Beginning raw materials inventory Less: Beginning work in process inventory Direct or Cost of goods manufactured Direct labor Ending raw materials inventory Ending work in process inventory Manufacturing overhead Materials available for use Purchases of direct materials Total manufacturing costs incurred during the period Total manufacturing costs to account for 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: Beginning raw materials inventory Beginning work in process inventory Cost of goods manufactured Direct labor Ending raw materials inventory Ending work in process inventory Manufacturing overhead Materials available for use Purchases of direct materials Total manufacturing costs incurred during the period Total manufacturing costs to account for 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: Less: Director Beginning raw materials inventory Beginning work in process inventory Cost of goods manufactured Direct labor Ending raw materials inventory Ending work in process inventory Manufacturing overhead Materials available for use Purchases of direct materials Total manufacturing costs incurred during the period Total manufacturing costs to account for Choose from any list or enter any number in the input fields and then click Check Answer. ompany Water 0 Data Table Year End of Year Raw materials inventory Work in process inventory Finished goods inventory.... Purchases of direct materials Direct labor Indirect labor Beginning End of of Year Year $ 20,000 $ 28,000 Insurance on plant $ 43,000 $ 32,000 Depreciation-plant building and equipment $ 16,000 $ 25,000 Repairs and maintenance-plant $ 75,000 Marketing expenses $ 85,000 General and administrative expenses $ 39,000 $ 10,500 $ 13,200 $ 3,900 $ 76,000 $ 26,500 Print Done