Crane Corporation incurred the following costs while manufacturing its product: Work in process inventory was $10,700 at January 1 and $14,600 at December 31 . Finished goods inventory was $60,200 at January 1 and $50,900 at December 31. Calculate the cost of goods manufactured. Cost of goods manufactured $ eTextbook and Media b) Your answer is incorrect. Calculate the cost of goods sold. Cost of goods sold $