Exercise 19-8 Craig Corporation incurred the following costs while manufacturing its product. Materials used in product $104,750 Advertising expense $46,190 Depreciation on plant 64,810 Property taxes on plant 19,400 Property taxes on store 7,680 Delivery expense 20,710 Labor costs of assembly-line workers 105,820 Sales commissions 37,440 Factory supplies used 21,730 Salaries paid to sales clerks 48,930 Work In process Inventory was $13,590 at January 1 and $11,560 at December 31. Finished goods inventory was $58,610 at January 1 and $56,860 at December 31. (a) Compute cost of goods manufactured. Cost of goods manufactured $ (b) Compute cost of goods sold. Cost of goods sold $