Portland Manufacturing had the following data for the period just ended: Work in process, January 1 Work in process, December 31 Finished goods, January 1 Finished goods, December 31 Direct materials used Direct labor Factory depreciation Sales Advertising expense Factory utilities Indirect materials Indirect labor Required: $ 22,000 45,000 75,000 63,500 124,000 270,000 85,000 920,000 54,000 27,000 19,000 34,000 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