Prepare a cost of goods sold bodoct for Slers Tipht; Inc. Sleep Tight, Ine. Cest of coods Sold Budget For the Year Ending December 31 Finished goods inventory, January 1 Work in process ittventory, Jasuary 1 Dintet materials: Direct material, January 1 Direct materials Durchases Cest of direct materials avaliatle for ulin Direct mateials inventery, December 31 Cost of direct materials placed in preductise Direct labor Factorr evertead 1utal manufacturing costs Total work in process during the period Work in process imventory, December II cost of goods manufartured Cont of feived goost wislate for wile finished osods imventiory, Oecemter 31 Cent of quods sida