iT RESOURCES : Exercise 14-8 Lopez Corporation incurred the following costs while manufacturing its product. Materials used in product Property taxes on store Labor costs of assembly-line workers 119,500 Sales commissions $48,600 18,700 30,900 37,900 60,600 $124,000 Advertising expense ew 14-1 67,300 7,960 Property taxes on plant Delivery expense 26,500 Salaries paid to sales clerks ts by StudyFactory supplies used in process inventory was $13,000 at January 1 and $17,100 at December 31. Finished goods inventory was $69,400 at January 1 and $48,200 at December 31 Compute cost of goods manufactured. Cost of goods manufactured s Compute cost of goods sold Cost of goods sold Click if you would like to Show Work for this question: Open Show Work d&