Concord Corporation incurred the following costs while manufacturing its product. $136,800 $51,300 68,400 16,300 Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used 8,550 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks 23,600 125,400 39.900 26,900 57,000 Work in process inventory was $13,850 at January 1 and $17,500 at December 31. Finished goods inventory was $68,400 at January 1 and $51,800 at December 31. (b) Compute cost of goods sold. Cost of goods sold $ e Textbook and Media Save for Later