QS 14-8 (Algo) Computing cost of goods sold for a manufacturer LO P1 Compute cost of goods sold using the following information. Finished goods inventory, beginning Work in process inventory, beginning Work in process inventory, ending Cost of goods manufactured Finished goods inventory, ending $ 370,000 86,500 78,300 921,400 322,000 Cost of Goods Sold is Computed as: Cost of goods sold EA $ 0 0