Logan Products, a small manufacturer, has submitted the items below concerning last year's operations. The president's secretary, trying to be helpful, has alphabetized the list.

Administrative salaries $2,400

Advertising expense $1,200

Depreciation-factory building $800

Depreciation-factory equipment $2,000

Depreciation-office equipment $180

Direct labour cost $25,000

Raw materials inventory, beginning $5,000

Raw materials inventory, ending $3,200

Finished goods inventory, beginning $46,980

Finished goods inventory, ending $50,000

General liability insurance expense $240

Indirect labour cost $19,000

Insurance on factory $1,400

Purchases of raw materials $14,600

Repairs and maintenance of factory $1,200

Sales salaries $2,000

Taxes on factory $540

Travel and entertainment expense $1,410

Work-in-process inventory, beginning $1,670

Work-in-process inventory, ending $1,110

Required: a.) Prepare a schedule of cost of goods manufactured in good form for the year.

b.) Determine the cost of goods sold for the year.