Question 14 Indicate whether each of the following would appear on the: Note: If it would appear in more than just one, indicate which ones. 1. Cost of goods sold 2. Finished goods inventory, 12/31 3. Direct materials used Raw materials inventory, 1/1 5. Insurance on factory equipment 6. Work in process, 12/31 7. Indirect labor 8. Property taxes on office building nouncements ch of the following would appear on the: ear in more than just one, indicate which ones. old inventory, 12/31 s used Balance sheet Income statement and Balance sheet Cost of goods manufactured schedule and Balance sheet Cost of goods manufactured schedule and Income statement Cost of goods manufactured schedule Income statement Inventory, 1/1 actory equipment S. 12/31