Portland Manufacturing had the following data for the period just en 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 $ 22,000 45,000 75, eee 63,500 124, 270,000 85,000 920,000 54,800 27,000 19, 34,000 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