Compute the cost of Goods Manufactured and cost of Goods Sold for Crystal Bay Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materiale (Click the icon to view the data) 34.000 61.000 Less Ending raw materials inventory Direct materials used Calculate the cost of goods manufactured. Crystal Bay Company Calculation of Cost of Goods Manufactured For Current Year Beginning work in process inventory Plus Manufacturing costs incurred Direct materials used Direct inbor Manufacturing overhead Total manufacturing costs to account for Less Ending work in process inventory Cost of goods manufactured les ind 11 0.87 ata Table Data table 1 X the ca End of Year Raw materials inventory Work in process inventory Finished goods inventory Purchases of direct materials Direct labor Beginning End of of Year Year $ 23,000 $ 34,000 Insurance on plant S 41,000 $ 29,000 Depreciation-plant building and equipment $ 22,000 $28,000 Repairs and maintenance-plant $ 72,000 Marketing expenses $ 87,000 General and administrative expenses $ 37.000 nning $ 10.000 $ 13,000 $ 4,300 $ 75,000 $ 29,500 PU rials Indirect labor En matd ate to Print Done For Current Year Compute the cost of Goods Manufactured and Cost of Goods Sold for Crystal Bay Company for the most recent year using the amounts described next. Assume that Raw Materials Inventory contains only direct materiale Click the icon to view the data) 34.000 $ 61.000 Loss Ending raw materials inventory Direct materials used Calculate the cost of goods manufactured Crystal Bay Company Calculation of Cost of Goods Manufactured For Current Year Beginning work in process inventory Plus: Manufacturing costs incurred Direct materials used Direct labor Manufacturing overhead Total manufacturing costs to account for Les Ending work in process inventory Cost of goods manufactured