Kingbird Corporation incurred the following costs during 2022. Direct materials used in product Depreciation on factory Property taxes on store Labor costs of assembly-line workers Factory supplies used Compute cost of goods manufactured. Cost of goods manufactured eTextbook and Media Compute cost of goods sold. Cost of goods sold eTextbook and Media $148,800 $ 74,400 9,300 136,400 29.400 Work in process inventory was $15,100 at January 1 and $19,000 at December 31. Finished goods inventory was $74,400 at January 1 and $56,300 at December 31. Advertising expense Property taxes on factory Delivery expense Sales commissions Salaries paid to sales clerks $55,800 17,800 25,600 43,400 62,000

Kingbird Corporation incurred the following costs during 2022. Work in process inventory was $15,100 at January 1 and $19,000 at December 31 . Finished goods inventory was $74,400 at January 1 and $56,300 at December 31 . Compute cost of goods manufactured. Cost of goods manufactured Compute cost of goods sold. Cost of goods sold