points Save Answer The following amounts were taken from the general ledger of the Excellent Manufacturing Company. Compute the cost of goods manufactured and the cost of goods sold for the company for the year. Raw materials inventory - beg. of year $50,000 Depreciation - plant & equipment $26,000 Raw materials inventory - end of year 56,000 Repairs and maintenance - plant 8,000 Work in process inv. - beg. of year 80,000 Insurance on plant 18,000 Work in process inv. - end of year 70,000 General and administration exp. 25,000 Finished goods inv. - beg. of year 36,000 Indirect labour 30,000 Finished goods inv. - end of year 50,000 Direct labour 64,000 Purchase of direct materials 30,000 Marketing expenses 40,000 Ca. $370,000 $300,000 b. $180,000 C d $200,000