es Window Help utexas.instructure.com e.com , how to calculate cogs Cost Flows in a Manufacturing Firm D Question 1 1 pts Steve Surface makes stainless steel containers used by medical laboratories and other institutions that handle biohazards. Steve has provided you with the following data from the most recent year of operations: STEVE SURFACE Beginning balance in raw materials inventory Beginning balance in work-in-process Beginning balance in finished goods Purchases of raw materials Payments for direct labor Factory overhead charged to products Ending balance in raw materials inventory Ending balance in work-in-process Ending balance in finished goods $14,000 $28,200 $8,200 $86,450 $134,500 $67,250 $13,750 $25,400 $10,300 A. What is Steve's cost of goods manufactured for the year? 86700 B. What is Steve's cost of goods sold for the year