Gonzaga Inc incurred the following costs while manufacturing its product. Direct Materials Used $113,000 Direct Labor 110,000 Manufacturing Overhead 97.000 25,000 Sales commissions Advertising expense Sales Delivery expense 35,000 11,000 Work-in-process inventory was $31,000 at January 1 and $19,500 at December 31. Finished goods inventory was $51,000 at January 1 and $60,600 at December 31. Instructions (a) Compute cost of goods manufactured. (b) Compute cost of goods sold