Flounder 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 Factory supplies used (a) Compute cost of goods manufactured. $108,000 Cost of goods manufactured $ 54,000 6,750 99,000 20,900 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $40,500 12,700 18,800 Work in process inventory was $10,850 at January 1 and $13,900 at December 31. Finished goods inventory was $54,000 at January 1 and $41,000 at December 31. 31,500 45,000

Flounder Corporation incurred the following costs while manufacturing its product. Work in process inventory was $10,850 at January 1 and $13,900 at December 31. Finished goods inventory was $54,000 at January 1 and $41,000 at December 31 . (a) Compute cost of goods manufactured. Cost of goods manufactured Flounder Corporation incurred the following costs while manufacturing its product. Work in process inventory was $10,850 at January 1 and $13,900 at December 31 . Finished goods inventory was $54,000 at January 1 and $41,000 at December 31 . (a) Compute cost of goods manufactured. Cost of goods manufactured