Pharoah Corporation incurred the following costs while manufacturing its product: $45,000 19,050 Materials used in product Depreciation on plant Property taxes on warehouse Labour costs of assembly-line workers Factory supplies used $120,500 64,600 7,680 110,100 25,600 Advertising expense Property taxes on plant Delivery expense Sales commissions Salaries paid to sales clerks 22,000 35.450 50,100 Work in process inventory was $10,900 at January 1 and $14,100 at December 31. Finished goods inventory was $60,600 at January 1 and $51,500 at December 31. Calculate the cost of goods manufactured. Cost of goods manufactured $ e Textbook and Media Calculate the cost of goods sold. Cost of goods sold $ e Textbook and Media