Exercise 14-8 (Part Level Submission) Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product $55,090 $122,600 Advertising expense Depreciation on plant 61,460 Property taxes on plan 17,300 Property taxes on store 8,310 Delivery expense 26,830 Labor costs of assembly-line 45,230 118,060 Sales commissions workers salaries paid to sales 25,410 clerks Factory supplies used 58,120 Work in process inventory was $13,690 at January 1 and $17,010 at December 3 Finished goods inventory was $69,610 at January 1 and $46,380 at December 31. (a) x Your answer is incorrect. Try again. Compute cost of goods manufactured Cost of goods manufactured Click if you would like to show work for this question Open Show Work