QS 18-10 Cost of goods sold LO P1 Compute cost of goods sold for 2017 using the following Information. Finished goods inventory, Dec. 31, 2816 Work in process inventory, Dec. 31, 2816 Work in process inventory, Dec. 31, 2817 Cost of goods manufactured, 2817 Finished goods inventory, Dec. 31, 2017 $345,008 83,508 72,300 918,788 283,600 Cost of Goods Sold is Computed as: Cost of goods sold