Question 4 Not yet answered Marked out of 3.00 Flag question Sigma Inc displays the following information for the month of December, N (amounts in S Inventories Raw materials Work in process Finished goods Beginning Ending $20,000 $30,000 $21,000 $24,000 $51,000 $54,000 Additional data Total Sales $300,000 Purchases of Raw material $88,000 Direct labor cost $21,000 Manufacturing overhead costs $55,000 Selling expenses $30,000 Administrative expenses $20,000 Instructions: Compute the cost of goods sold assuming that cost of goods manufactured $180,000. (3 marks: 1.5 formula, 1.5 computation). Paragraph BIEE cost of goods sold: D