Question 9 of 36 Current Attempt in Progress Using $3026000 as the cost of goods manufactured, compute the cost of goods sold using the following information Raw materials inventory, January 1 Raw materiais inventory, December 31 Work in process, January 1 Work in process, December 31 Finished goods, January 1 Finished goods, December 31 Raw materials purchases Direct labor Factory utilities Indirect labor Factory depreciation Operating expenses $ 20000 40000 18000 12000 40000 32000 1680000 760000 150000 50000 400000 420000 $3032000. $3018000. $3034000. $2994000