Inventory type Raw materials Balance, 1/1/17 Balance, 12/31/17 11,000 13,000 Work in process 68,000 59,000 Finished goods 105,000 87,000 Amounts spent during 2017 Direct material purchases 115,000 Direct labor wages 80,000 Overhead Indirect materials purchased 53,000 Indirect labor 110,000 Factory utilities 58,000 Factory depreciation 20,000 Factory property taxes 14,000 What is cost of goods manufactured for 2017? What is cost of goods sold for 2017? YOU Manu