Portland Manufacturing had the following data for the period just ended: Work in process, Jan. 1 Work in process, Dec. 31 Finished goods, Jan. 1 Finished goods, Dec. 31, Direct materials used Direct labor Factory depreciation Sales Advertising expense Factory utilities Indirect materials Indirect labor $ 29,000 43,000 89,000 70,500 138,000 340,000 78,000 990,000 68,000 34,000 33,000 48,000 Required: A. Calculate Portland's cost of goods manufactured. B. Calculate Portland's cost of goods sold. A. Cost of goods Manufactured B. Cost of goods sold