Question 8 The following costs were incurred by a manufacturing company Materials used in product Depreciation on plant $120,100 6,280 870 Property taxes on plant Labour costs Factory supplies used Advertising expense Factory insurance Factory supervisor's salary of assembly-line workers 2,500 4,950 21,250 50,050 Work in process inventory was $5,700 at January 1 and $6,600 at December 31. Finished goods inventory was $30,900 at January 1 and $29,600 at December 31 Calculate cost of goods manufactured Cost of goods ma LINK TO TEXT Calculate cost of goods sold Cost of goods sold