Prepare a Cost of Goods Manufactured from the following data. Materials inventory, Jan 1....\$80,000 Materials inventory, Dec. 31 ....60,000 WIP inventory, Jan 1..100,000 WIP inventory, Dec. 31140,000 Finished Goods inventory, Jan. 1....120,000 Finished Goods inventory, Dec. 31110,000 Net delivered cost of materials purchased....180,000 Direct Labor....280,000 Indirect Material...15,000 Indirect Labor....75,000 Factory Supplies used....16,000 Factory Depreciation. 30,000 Factory Repairs and Maintenance. ..22,000 Selling Expenses. 64,000 Non-factory Administrative Expenses,... 58,000 11. Classify the following costs relative to the cost object "patient" for a medical office, L.e. explain whi is a product or period cost, variabie, fixed, or miked; direct and indirect material