Ex.1 Cement manufacturer has the following costs. Calculate the cost of goods manufactured and the cost of goods sold for the company for the year aw materials inventory- Depreciation lant & equipment OMR52,00 of year aw materials inventory- OMR28,000 4,00 12,000 29,000 27,000 178,000 62,000 end of year 46,000 Repairs and maintenance- plant 110,00 ork in process inv - beg. of vear ork in process inv- end of vear inished goods inv.- beg. of vear Insurance on plan 85,000 General and administration ex 26,000 54,000 37,00 Indirect labor Direct labor Marketing expenses Finished goods inv. -end of vear Purchase of direct materials