Fallon Corporation provides the following information for 2020. B (Click the icon to view the information for 2020.) Calculate (a) Cost of goods manufactured in 2020 and (b) Cost of goods sold in 2020. Calculate (a) Cost of goods manufactured in 2020. Data table Total manufacturing costs to account for $ 8,000 159,000 $ Cost of goods manufactured in 2020 Beginning work-in-process inventory, January 1, 2020 Total manufacturing costs incurred in 2020 Ending work-in-process inventory, December 31, 2020 Beginning inventory of finished goods, January 1, 2020 Ending inventory of finished goods, December 31, 2020 $ 5,000 Calculate (b) Cost of goods sold in 2020. $ 15,000 $ 17,000 Less: Cost of goods sold in 2020 Print Done