LUS Kimmel, Accounting, 6e PRIN. OF ACC udy & Practice Assignment Gradebook ORION Downleadable eTextbook en Assignment Start Time: 06:58 PM/Remaining: 45 min URCES and CALCULATORn Exercise 174 Glavine Corporation incurred the following costs while manufacturing its product. Materials used in product Depreciation on plant Property taxes on store Labor costs of assembly-line workers Factory supplies used Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks $125,000 60,000 7,500 110,000 23,000 45,000 19,000 21,000 35,000 50,000 Work-in-process inventory was $27,000 at January 1 and $15,500 at December 31. Finished goods inventory was $65,000 at January 1 and s50,600 at December 31 Compute cost of goods manufactured. Cost of goods tureds Compute cost of goods sold Cost of goods sold