* cost of goods sold st . Page: 24 Problem : 4 company com The accounting department of Michaelson provided the following data for May: Sales 472.000; marketing expenses, $3600; administrative expense, $720; other expenses, $ 360; purchase $ 36 000, factory o/H $ 10.000 direct labor $15000. Inventories: Beginning Ending $ 7000 $ 10, 200 finished goods work in progress 8000 15,000 ( 8000 materials 8500