Exercise 19-08 a-b (Part Level Submission) Crane Corporation incurred the following costs while manufacturing its product Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers 111,000 Sales commissions Factory supplies used $121,000 Advertising expense $46,000 15,000 22,000 36,000 51,000 61,000 Property taxes on plant 7,600 Delivery expense 24,000 Salaries paid to sales clerks Work in process inventory was $13,000 at January 1 and $16,600 at December 31. Finished goods inventory was $61,000 at January 1 and $45,700 at December 31 Compute cost of goods sold. Cost of goods solds